$499,900
$499,900
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228 Nile Street Stratford, ON N5A 4E9
4 Beds
2 Baths
1,630 SqFt
Key Details
Sold Price $499,900
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,630 sqft
Price per Sqft $306
MLS Listing ID 40671799
Bedrooms 4
Year Built 1885
Annual Tax Amount $3,383
Property Sub-Type Duplex Up/Down
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
Area Stratford
Zoning R2
Rooms
Other Rooms Shed(s)
Kitchen 0
Interior
Heating Forced Air, Natural Gas
Cooling Wall Unit(s)
Laundry In-Suite, Main Level, Upper Level
Exterior
Parking Features Exclusive, Right-of-Way
Fence Fence - Partial
Roof Type Asphalt Shing
Building
Lot Description Rectangular, Library, Park, Place of Worship, Playground Nearby, Rail Access, Trails
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
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