34-38 Douro Street Stratford, Ontario N5A 3R3

4,393 ft2
None Forced Air

$1,200,000

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. (id:36809)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12260878
Property Type Multi-family
Community Name Stratford
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4,393 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 122 Ft ,4 In
Size Frontage 66 Ft
Size Irregular 66 X 122.4 Ft
Size Total Text 66 X 122.4 Ft
Zoning Description R3

https://www.realtor.ca/real-estate/28554479/34-38-douro-street-stratford-stratford

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