$0.5 mln - 4 Bedroom - House in Stratford,ON - 228 Nile St | HomeSmile
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listed 4 days ago
$499,900
228 Nile St
4
bedrooms
2
bathrooms
2
parking spaces

Description

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!
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Sold history


General Info

4 bedroom detached house in Stratford
228 Nile St, MLS: X9847905

Style | Type
2-storey | detached
Lot Width
30.0 ft
Lot Length
69.5 ft
Total Approx. Floor Area
1500-2000 sqft

Rooms

Bedrooms
4
Total Rooms
10
Bathrooms
2
Basement
crawl space+unfinished

Parking

Garage spaces
0
Total spaces
2
Driveway
private

Financial info

Taxes
$3,383 / 2024

Additional info

Fireplace/Stove
none
Heating
forced air
Cooling
wall unit

Rooms

FloorNameSize (m)Comments
2ndBathroom2.29 x
1.75
4 Pc Bath
2ndBr3.56 x
3.40
2ndBr2.39 x
2.21
2ndKitchen3.73 x
2.57
2ndLiving4.55 x
3.23
LowerBathroom3.61 x
2.31
3 Pc Bath
LowerBr3.61 x
2.31
LowerKitchen3.51 x
3.71
LowerLiving5.66 x
3.63
LowerBr3.71 x
3.05

Other

Possession Details
immediate
Exterior Finish
brick
Listing Brokerage
flux realty
Zoning
r2

Listing Information

Listed Price
$499,900
Listed date
31 oct 2024
Days On The Market
4
HomeSmile AI estimate
FOR SALE
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