228 NILE Street Active

Stratford,ON N5A4E9

$ 499900

4 Beds

2 Baths

1630 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,630 sqft

Price per Sqft $306

Subdivision 22 - Stratford

MLS Listing ID 40671611

Style 2 Level

Bedrooms 4

Originating Board Cornerstone - Waterloo Region

Year Built 1885

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! (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 14'11'' x 10'7'' Living room

Extra Room 2 Second level 12'3'' x 8'5'' Kitchen

Extra Room 3 Second level 7'10'' x 7'3'' Bedroom

Extra Room 4 Second level 11'8'' x 11'2'' Bedroom

Extra Room 5 Second level 7'6'' x 5'9'' 4pc Bathroom

Extra Room 6 Lower level 12'2'' x 10'0'' Primary Bedroom

Interior

Heating Forced air,

Cooling Wall unit

Exterior

Garage No

Fence Partially fenced

Waterfront No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

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