173 QUEEN STREET, Stratford, Ontario
$1,550,000
- 4,000 Square Feet
Welcome to this exceptional 7-unit investment opportunity in Stratford, Ontario! Priced to attract savvy investors, this property offers an impressive 6% cap rate and potential for further upside. Situated in a quiet residential area, but within a short drive to downtown. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. With an average rent of over $1,700 per unit investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 8.8% cash-on-cash return in the first year! Don't miss your chance to seize this prime investment opportunity! (id:23309)
- Listing ID: X9394012
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Karim Ellis would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Karim Ellis, who specializes in Stratford real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Karim Ellis find a property to match your lifestyle.
Listing provided by EXP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 173 QUEEN STREET in Stratford Ontario. It was last modified on October 12th, 2024. Contact Karim Ellis to schedule a viewing or to discover other Stratford real estate for sale.