119 Carroll Street Ingersoll, Ontario N5C 1W3

$650,000

Fully occupied fourplex offering steady income, flexibility, and long term upside in a central Ingersoll location. This well maintained property features one dedicated parking space per unit at the rear, practical layouts, and a solid history of care with documented capital improvements. Each unit is currently tenanted, providing immediate and consistent rental income for investors seeking a turnkey opportunity with minimal vacancy risk. The unit at 100 Cherry Street offers a two bedroom layout with a kitchen, four piece bathroom, generous closet space, and elevated front access, creating a comfortable and functional living space. The unit at 100A Cherry Street features three bedrooms, a kitchen, living room, three piece bathroom, storage area, and laundry hookups, making it well suited for long term tenancy. The unit at 98 Cherry Street is a one bedroom unit with a large eat in kitchen, four piece bathroom, closet space, porch, basement access, and a newer boiler, offering efficient use of space and strong functionality. The unit at 119 Carroll Street includes two bedrooms, a spacious living room, kitchen, four piece bathroom, ample closet space, basement access, a front porch, a newer boiler, and a private driveway with parking for two vehicles. Property updates include a newer roof completed in 2020, updated windows installed at time of purchase, four rented water heaters, and a well documented expense profile, supporting ease of management and long term ownership. With 3 units occupied, 1 unit will be vacant end of October, this property provides stable cash flow and appeals to investors or multi generational buyers looking for a reliable income producing asset in a growing community. (id:19593)

Property Details

MLS® Number	40849584
Property Type	Multi-family
Amenities Near By	Hospital, Schools, Shopping
Equipment Type	Water Heater
Parking Space Total	6
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Total	8
Basement Development	Unfinished
Basement Type	Full (unfinished)
Constructed Date	1875
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Size Interior	3,227 Sqft
Type	Fourplex
Utility Water	Municipal Water

Parking

Visitor Parking
Open

Land

Acreage	No
Land Amenities	Hospital, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	91 Ft
Size Frontage	93 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R1

https://www.realtor.ca/real-estate/30064910/119-carroll-street-ingersoll