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$499,900
Est. payment /mo
4 BD
2 BA
1,630 SqFt
Active
228 NILE Street Stratford, ON N5A4E9
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,630 sqft
Price per Sqft $306
Subdivision 22 - Stratford
MLS® Listing ID 40671799
Bedrooms 4
Originating Board Cornerstone - Waterloo Region
Year Built 1885
Property Description
Prime Income Property in the Heart of Stratford! Discover an investor's dream with this cash-flowing duplex, located in the picturesque town of Stratford. This solid brick, two-storey home boasts two spacious 2-bedroom units, each with a full bathroom in-suite laundry and separated utilities, ensuring tenant convenience and satisfaction. Currently, one unit is tenanted with long-term occupants paying fair market value, while the other is vacant, offering flexibility—rent both units or occupy one and let the other support your mortgage. Perfectly situated near downtown, tenants will love the walkable access to local shops, restaurants, public transit, and essential amenities. With separate utilities and tenants covering their own costs, this low-maintenance property is ideal for investors seeking a stress-free income generator. Whether you’re a seasoned investor or new to the game, this Stratford gem is a rare opportunity you don’t want to miss! (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Wall unit
Exterior
Parking Features No
Fence Partially fenced
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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