228 NILE Street, Stratford, Ontario N5A 4E9
$499,900.00
- 4 bedrooms
- 2 bathrooms
- 1,630 Square Feet
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 ... read more
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:25417)
- Listing ID: 40671611
- Property Type: Single Family
- Year Built: 1885
| Property | |
|---|---|
| Style: | 2 Level |
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre Partially Fenced |
| Parking: | 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace, Forced Air and Wall Unit Natural Gas |
| Exterior: | Brick |
| Basement: | Crawl Space (Unfinished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Stratford |
| Province: | Ontario |
| Nearby Amenities: | Park, Place Of Worship and Playground |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room | Second level | 14'11'' x 10'7'' |
| Kitchen | Second level | 12'3'' x 8'5'' |
| Bedroom | Second level | 7'10'' x 7'3'' |
| Bedroom | Second level | 11'8'' x 11'2'' |
| 4pc Bathroom | Second level | 7'6'' x 5'9'' |
| Primary Bedroom | Lower level | 12'2'' x 10'0'' |
| Living room | Lower level | 18'7'' x 11'11'' |
| Kitchen | Lower level | 11'6'' x 12'2'' |
| Bedroom | Lower level | 11'10'' x 7'7'' |
| 3pc Bathroom | Lower level | 11'10'' x 5'2'' |
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