34-38 Douro ST new

Stratford,ON N5A 3R3

$ 1200000

0 Bed

- Bath

4393 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,393 sqft

Price per Sqft $273

Subdivision Stratford

MLS Listing ID X12260878

Annual Tax Amount $5,990

Tax Year 2024

Property Sub-Type Investment

Property Description

This well-maintained 4-unit multi-residential property, located within walking distance to downtown offers solid income and long-term value. With two 3-bedroom, 1-bathroom and two 2-bedroom, 1-bathroom units there is plenty of space to attract good tenants and rent. Recent major updates include a new roof (approx. 2017), a gas furnace (approx. 2015), and replacement of about half the windows, including all in Apartment #1. Apartment #1 was fully renovated in 2024, and Apartment #2 was updated in 2021 with new flooring, kitchen, and several new windows including a sliding patio door. Each unit also features laundry hookups and two parking spaces. This turnkey investment offers dependable rental income, minimal maintenance needs, and is located in a strong rental market. A fantastic opportunity to expand your portfolio, contact your REALTOR today to arrange a viewing.

Location

Province ON

County Perth

Community Stratford

Area Perth

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 122.4

Others

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