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$999,900
Status: OFF MARKET
The mixed-use 4-plex in the heart of Ingersoll is a promising investment. Renovated in 2020, it features two commercial units (Tito Pizza franchise and a Barbershop) and two residential units, delivering a net income of $58,003.25. Building & land only for sale. Key attractions include secure commercial leases: Tito Pizza holds a 10-year lease ending in 2031 with an option for another 10 year term, while the Barbershop has a 5-year lease until 2027, extendable for two additional 5-year terms. The professionally renovated residential units with reliable tenants contribute to steady income. Seller will consider financing options.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8007518 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :06 Apr, 2024 (229 Days ago) |
| Source | :TRREB |
| Area | :Oxford |
|---|---|
| Postal Code | :
N5C 1G6
|
| Price | : $999,900 |
|---|---|
| Property Taxes | :$2604.11 |
| Tax Year | :2023 |
|---|
| Cross Street | :Mill Street |
|---|
| Fireplace/Stove | :No |
|---|
18 Jan, 2024
TREB #X8007518
Available
$999900.0
