112 HURON STREET

Multi-family For Sale in Stratford, Ontario

$749,000
  • 6 Beds
  • 4 Baths
  • 25,003,000 Sq. Ft.
Welcome to 112 Huron Street a fully tenanted, well-maintained legal triplex located in the heart of Stratford.This solid brick property offers three self-contained units, each with private entrances, parking, and spacious layouts. The building features two 3-bedroom units and a bright 1-bedroom bachelor suite, generating over $58,000/year in gross rental income.Perfect for owner-occupiers seeking to offset mortgage costs live in one unit and let the others pay the bills an ideal strategy for entering todays challenging first-time buyer market. Investors will appreciate the turnkey nature, reliable tenants, and future upside potential.Tenants pay hydro; the landlord covers gas. Major upgrades in 2019 include three ductless A/C units, a new water softener, sump pit with pump, and extensive landscaping with over $21,000 invested in improvements.Zoned for multi-residential use and ideally located close to downtown, schools, and transit. Whether you're an investor or an end-user, 112 Huron Street is a smart move. (id:4069)
Address
112 HURON STREET
List Price
$749,000
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Stratford
Bedrooms
6
Bathrooms
4
Floor Area
25,003,000 Sq. Ft.
Lot Size
41.5 x 132 FT Sq. Ft.
MLS® Number
X12115266
Listing Brokerage
Royal LePage Hiller Realty
Postal Code
N5A5S6
Zoning
R2
Features
Sloping

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