256 Oxford St

ero condo fee and free hold Neatly maintained 12-unit apartment complex located in the center of Ingersoll, Ontario. The building has eleven two-bedroom flats with a kitchen and bathroom, as well as one-bedroom unit with one bathroom, parking, and mailbox. Situated on a 0.717-acre property, the three-story building spans roughly 15,000 square feet. A varied tenant mix is ensured by the property's handy location close to supermarkets, amenities, parks, recreational spaces, and a hospital. It is also easily accessible via highway 401 and public transportation. This solid brick structure has had several inside renovations, such as new windows installed around 15 years ago, updated external doors, and a new roof put in about 6 years ago. There are two boilers on the premises. The property provides an important potential for additional value together with consistent gross revenue. For astute investors looking for a profitable venture in a developing sector with significant potential for greater returns and it represents an outstanding opportunity. The majority of tenants are long-term residents.