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:4069)
Address
228 NILE Street
List Price
$499,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
2 Level
Area
Ontario
Sub-Area
Stratford
Bedrooms
4
Bathrooms
2
Floor Area
1,630 Sq. Ft.
Year Built
1885
MLS® Number
40671611
Listing Brokerage
Flux Realty
Basement Area
Crawl space (Unfinished)
Postal Code
N5A4E9
Zoning
R2
Site Influences
Park, Place of Worship, Playground
