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 Melissa Cherry to schedule a viewing or to discover other Stratford real estate for sale.