34-38 Douro Street, Stratford, ON N5A 3R3 (Waterloo Street South/Nile Street)

Price : $1,200,000.00 , MLS®# : X12260878

PUVANESWARANATHAN
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 Description

Waterloo Street South/Nile Street

Property Details
  • Community: Stratford
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 5990
Building Features
  • Parking Type : None
Features
  • Heating : Gas Forced Air Closed
  • Sewer : Sanitary+Storm ,

Listing Contracted With: RE/MAX A-B Realty Ltd