228 Nile ST new

Stratford,ON N5A 4E9

$ 499900

4 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X9847905

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,383

Tax Year 2024

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!

Location

Province ON

County Perth

Rooms

Family Room Yes

Kitchen 2

Interior

Cooling Wall Unit(s)

Exterior

Garage Private

Garage Spaces 2.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Building

Foundation Stone

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