$649,900

Investment For Sale In Stratford, Ontario

$649,900

Property Information:

TWO SIDE BY SIDE SEMIS UNDER ONE TITLE. This property sounds like a great investment opportunity, especially with its convenient location( steps away from the CITY CORE, Lake, Parks, Festival Theaters) and separate utilities for each unit ( Each unit has its own heat, hydro, water meters and water heaters). Each unit enjoys newer gas furnace and central air conditioner. Unit #86 is renovated (owner occupied) with the following updates : newer kitchen,newer 2pc bath on main floor, water softener, new lighting, gas line to BBQ and fire pit.The potential to increase equity through renovating the other unit is enticing. It seems like a promising option for investors looking to expand their portfolio or make their first investment in real estate. Units are 2 and 3 bedrooms and have main floor laundries .. #86- has 2 baths.Unit # 84 rented at $ 1,845 plus utilities. Owner would love to rent her unit back at $ 2,400 a month plus utilities from potential buyer. Add this property to your existing portfolio or make this property your first investment. Increase the sweat equity of this building by renovating the other unit. Property enjoys two storage sheds ( one with hydro). Awesome investment awaits the right investor. If interested, contacting your agent for a viewing would be a prudent next step.

Inclusions: Carbon Monoxide Detector,Smoke Detector

Building Features:

  • Floor Space: 1874.21

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Lighting, Privacy, Private Entrance, Year Round Living
  • Floor Space (approx): 1874.21 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 60 Feet
  • Lot Features: Business Centre, City Lot, Library, Park, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 46.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Gravel
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: R2(1)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX a-b Realty Ltd (Stfd) Brokerage

Data provided by: Huron Perth Association of REALTORS® Unit 5 - 55 Lorne Avenue East, Stratford, Ontario N5A 6S4
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