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
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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 October 12th, 2024. Contact Allan-John Boulanger to schedule a viewing or to discover other Stratford real estate for sale.