228 NILE Street Stratford

228 NILE Street, Stratford, Ontario

$499,900

  • 4 Beds
  • 2 Baths
  • 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 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:23309)

  • Listing ID: 40671799
  • Property Type: Multi-family
  • Year Built: 1885

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Details

  • Amenities Nearby: Park, Place of Worship, Playground
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 2
  • Rental Equipment: Water Heater
  • Structure: Shed, Porch
  • Transaction: For sale
  • Zoning Description: R2

Building

  • BasementType: Crawl space (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 1885
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1630.42 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Rail access
  • Amenities: Park, Place of Worship, Playground
  • Fence: Partially fenced
  • Sewer: Municipal sewage system
  • Size Frontage: 30 ft
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 228 NILE Street in Stratford Ontario. It was last modified on October 31st, 2024. Contact the Team Vadala to schedule a viewing or to discover other Stratford real estate for sale.

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