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228 Nile Street Stratford, Ontario N5A 4E9

4 Bedroom 2 Bathroom 1630.42 sqft
Wall Unit Forced Air

$499,900

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:55580)

Property Details

MLS® Number 40671799
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater
Structure Shed, Porch

Building

Bathroom Total 2
Bedrooms Total 4
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Constructed Date 1885
Cooling Type Wall Unit
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1630.42 Sqft
Type Duplex
Utility Water Municipal Water

Land

Access Type Road Access, Rail Access
Acreage No
Fence Type Partially Fenced
Land Amenities Park, Place Of Worship, Playground
Sewer Municipal Sewage System
Size Depth 70 Ft
Size Frontage 30 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/27601811/228-nile-street-stratford

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Joshua Damaren
Salesperson

(226) 336-7668

Flux Realty
196 Victoria St. S.,
Kitchener, Ontario N2G 2B9

(226) 336-7668
www.fluxrealty.ca

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