8 Bedroom
4 Bathroom
3,227 sqft
None
Radiant Heat
$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:63476)
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
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 |