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$499,900
Est. payment /mo
4 BD
2 BA
New
228 Nile ST Stratford, ON N5A 4E9
UPDATED:
10/31/2024 06:13 PM
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
Basement Crawl Space, Unfinished
Kitchen 2
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter, Water Heater
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 2.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 2
Building
Foundation Stone
Listed by FLUX REALTY