$1,200,000

Investment For Sale In Stratford, Ontario

$1,200,000

Property Information:

This well-maintained 4-unit multi-residential property, located within walking distance to downtown offers solid income and long-term value. With two 3-bedroom, 1-bathroom and two 2-bedroom, 1-bathroom units there is plenty of space to attract good tenants and rent. Recent major updates include a new roof (approx. 2017), a gas furnace (approx. 2015), and replacement of about half the windows, including all in Apartment #1. Apartment #1 was fully renovated in 2024, and Apartment #2 was updated in 2021 with new flooring, kitchen, and several new windows including a sliding patio door. Each unit also features laundry hookups and two parking spaces. This turnkey investment offers dependable rental income, minimal maintenance needs, and is located in a strong rental market. A fantastic opportunity to expand your portfolio, contact your REALTOR today to arrange a viewing. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 4393 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 4393 Square Feet
  • Irregular: Yes
  • Lot Depth: 122.3 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 122.4 FT
  • Zoning: R3

Courtesy of: RE/MAX A-B Realty Ltd

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.