173 QUEEN STREET, Stratford, Ontario
$1,499,000
- 4,000 Square Feet
Welcome to this exceptional 7-unit investment opportunity with a 6.3% Cap Rate at entry! Situated in a quiet residential area of Stratford, it boasts an average rent of over $1,700 per unit. Recent turnover has been enhanced by minor cosmetic updates, increasing its appeal. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. Investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 10.6% cash-on-cash return in the first year. Don't miss your chance to seize this prime investment opportunity! (id:23309)
- Listing ID: X11892543
- Property Type: Multi-family
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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 December 13th, 2024. Contact Jim Chu to schedule a viewing or to discover other Stratford real estate for sale.