119 Carroll Street

Introducing a remarkable opportunity: a Multi-Family Home for sale in Ingersoll , located at 119 Carroll Street, Ingersoll. This well-maintained fourplex is not only a sound investment but also offers a flexible living arrangement in a prime location within the community of Ingersoll - South, Oxford. With its stable income potential and future upside, this property is poised to attract both investors and those looking for a multi-generational living solution.

The building itself is a two-storey multiplex constructed of sturdy brick, providing both durability and aesthetic appeal. The property boasts a total of 20 rooms, including an impressive eight bedrooms and four bathrooms, ensuring ample space for all occupants. Each unit has been designed with functional layouts that cater to a variety of living situations, making this Multi-Family Home for sale in Ingersoll a versatile choice for prospective buyers.

At 119 Carroll Street, Ingersoll, you will find four distinct units, each with its own unique features. The vacant unit at 100 Cherry Street is particularly noteworthy, featuring two bedrooms, a kitchen, and a four-piece bathroom. This unit also benefits from generous closet space and high stair access, making it an excellent opportunity for an owner-occupant or for extended family living. Alternatively, it could be leased at market rent, providing a steady income stream for the buyer.

Moving on to the unit at 100A Cherry Street, this three-bedroom layout offers a kitchen, living room, and a three-piece bathroom, along with a storage area and laundry hookups. This practical space is well-suited for long-term tenancy, making it an attractive option for those looking to invest in a Multi-Family Home for sale in Ingersoll.

The unit at 98 Cherry Street is a one-bedroom gem, featuring a large eat-in kitchen, a four-piece bathroom, and ample closet space. This unit also includes a porch and basement access, complemented by a newer boiler, which enhances its functionality and efficiency. Lastly, the unit at 119 Carroll Street itself features two bedrooms, a spacious living room, a kitchen, and a four-piece bathroom, along with ample closet space and a front porch. This unit also benefits from basement access and a private driveway with parking for two vehicles.

The property has seen significant updates, including a new roof completed in 2020 and updated windows installed at the time of purchase. Additionally, there are four rented water heaters, and the property comes with a well-documented expense profile, which supports long-term ownership and ease of management. This Multi-Family Home for sale in Ingersoll is truly a sound investment for those seeking to generate income while enjoying the benefits of multi-family living.

With a lot size of 93 x 91 feet, there is plenty of outdoor space to enjoy, although it is worth noting that there is no pool or garage on the premises. Parking is plentiful, with space for up to six vehicles, making it convenient for residents and guests alike. The property is connected to municipal water and sewer systems, ensuring reliable utilities for all units.

In conclusion, this Multi-Family Home for sale in Ingersoll at 119 Carroll Street, Ingersoll, presents a unique opportunity for investors, multi-generational buyers, or those wishing to live in one unit while generating income from the others. With one vacant unit allowing for immediate flexibility, this property is ready for its next chapter. Don’t miss out on the chance to own a piece of this thriving community in Ingersoll - South, Oxford. Act now and secure your future with this exceptional investment!

Ingersoll - South is a charming and picturesque area nestled within the town of Ingersoll, Ontario, known for its welcoming atmosphere and scenic surroundings. This community features a delightful mix of residential streets, local parks, and convenient amenities, making it an ideal place for families and individuals alike. With its close-knit feel, Ingersoll - South boasts a range of housing options, from quaint bungalows to modern townhouses, all set against a backdrop of lush greenery and well-maintained gardens. The area is well-served by local shops, schools, and recreational facilities, providing residents with a comfortable and fulfilling lifestyle. Additionally, its proximity to major transport links ensures easy access to nearby cities, making it a perfect balance of tranquillity and convenience for those looking to settle in a friendly and vibrant neighbourhood.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Royal Roads Public School, an elementary institution just 0.6 km away, operated by the Thames Valley District School Board. It offers grades from Junior Kindergarten to Grade 8 and has a solid school rating of 3.8. For secondary education, Ingersoll District Collegiate Institute is only 0.9 km from the property, providing grades 9 to 12 with a commendable rating of 4.5, also under the Thames Valley District School Board. Additionally, St. Jude's Catholic Elementary School, located 1.7 km away, offers a Catholic education for grades JK to 8, although it currently has no rating available. The proximity of these schools, along with their varying educational options, ensures that families can find suitable schooling for their children within a short distance. Overall, this area boasts a range of quality educational facilities, enhancing the appeal of the property for potential buyers looking for a family-friendly neighborhood.