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34-38 Douro Street Stratford, Ontario N5A 3R3

4393 sqft
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:63008)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12260878
Property Type Multi-family
Community Name Stratford
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 4393 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 122 Ft ,4 In
SizeFrontage 66 Ft
SizeIrregular 66 X 122.4 Ft
SizeTotalText 66 X 122.4 Ft
ZoningDescription R3

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

Tristan Dundas
Broker


RE/MAX A-B Realty Ltd
Branch-194 Queen St.w. Box 2649
St. Marys, Ontario N4X 1A4

Reid Dundas
Broker


RE/MAX A-B Realty Ltd
Branch-194 Queen St.w. Box 2649
St. Marys, Ontario N4X 1A4

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