$5,900,000

Investment For Sale In Stratford, Ontario

$5,900,000

Property Information:

INVESTMENT OPPORTUNITY - If you're seeking to diversify or build your portfolio, seize this exceptional chance to acquire 33 residential units situated across three distinct buildings on a single property. The property, spanning approximately 1.4 acres, includes 193 Norfolk Street, 61 Borden Street, and 75 Borden Street. Adequate parking, totalling 45 spots, is available for all three structures. Each building comprises 11 residential units, comprising 31 one-bedroom units and 2 two-bedroom units, all currently occupied. Additionally, each building is equipped with coin-operated laundry facilities, extra storage spaces, and tenant lockers. Click on the virtual tour link, view the floor plans, photos, and layout and then call your REALTOR® to review more information and financials before you schedule your private viewing of this great opportunity!

Inclusions: Other,33 Stoves, 32 Fridges, 3 Washers, 3 Dryers, 3 Water Heaters, 3 Boiler Furnaces

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 18117 Square Feet

Property Features:

  • Bedrooms: 35
  • Acres Range:
  • Basement: None
  • Built in: 1970
  • Construction Materials: Aluminum Siding, Brick, Block
  • Cooling: Other, None
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 18117 Square Feet
  • Heating: Natural Gas, Radiant
  • Laundry Features: Coin Operated
  • Lot Depth: 290 Feet
  • Lot Features: Irregular Lot, Ample Parking, Near Golf Course, Open Spaces, Park, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 246.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Asphalt, Exclusive, Assigned
  • Roof: Shingle
  • Water Source: Municipal
  • Zoning: R5(1)
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 45

Courtesy of: RE/MAX a-b Realty Ltd (St. Marys) Brokerage

Data provided by: Huron Perth Association of REALTORS® Unit 5 - 55 Lorne Avenue East, Stratford, Ontario N5A 6S4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved