$480,000
$499,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
228 Nile ST Stratford, ON N5A 4E9
4 Beds
2 Baths
Key Details
Sold Price $480,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X9847905
Sold Date 01/24/25
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,383
Tax Year 2024
Property Sub-Type Detached
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
State ON
County Perth
Area Perth
Zoning R2
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)
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 30.0
Lot Depth 69.5
Total Parking Spaces 2
Building
Foundation Stone
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