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108 Wellington Street Stratford, Ontario N5A 2L5

3 Bedroom 3 Bathroom 4229
Central Air Conditioning Baseboard Heaters, Forced Air

$899,000

Attention Investors! This is the perfect opportunity you have been searching for! Presenting a fantastic 5-unit mixed commercial and residential building located in the heart of Stratford. This property generates a lucrative income of $79,013.28 annually, and with zero vacancies, you can enjoy a steady stream of income without any interruptions. The building is comprised of (2) commercial and (3) residential units that are currently occupied by reliable and established renters who make on time payments. It is strategically situated near numerous amenities and offers easy access to everything downtown Stratford has to offer. This property is zoned C3, which allows for various uses, making it a versatile asset to own. Moreover, it comes with (4) parking spaces, making it convenient for tenants and customers alike. The building has been well-maintained, and several updates have been completed throughout the years. Don't miss this amazing opportunity to own this cash-producing asset. Contact your trusted REALTOR® today to book a showing and learn more about this incredible investment opportunity. (id:39551)

Property Details

MLS® Number 40504572
Property Type Multi-family
Amenities Near By Hospital, Public Transit, Schools, Shopping
Community Features High Traffic Area
Features Visual Exposure, Paved Driveway, Sump Pump
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Total 3
Appliances Water Softener
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Constructed Date 1890
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Fireplace Present No
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Size Interior 4229
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 96 Ft
Size Total Text Under 1/2 Acre
Zoning Description C3

https://www.realtor.ca/real-estate/26209173/108-wellington-street-stratford

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