390 Church Street

Stratford, Ontario, Canada

$ 975,000

MLS#: 40521596

Description

Unlock the potential for robust returns with this purpose-built duplex at 390 Church Street, Stratford, ON. Constructed in 2012, this investment gem is tailored for both convenience and profit. The main floor unit, currently rented to a top-tier tenant, features 2 bedrooms, 1 bathroom, and in-suite laundry, along with a dedicated furnace and central air, offering optimal rental appeal. Meanwhile, the upper unit is vacant, providing investors with the opportunity to set their own rent or making it an ideal owner-occupied unit. Upstairs, the 3-bedroom, 1-bathroom unit not only provides spacious living but also includes coveted in-suite laundry. The property showcases an impressive Vicwest roof for durability and aesthetic allure, ensuring minimal maintenance costs. The attached garage at the back adds practicality, serving as both storage and a potential additional income stream. Investors will appreciate the contemporary features, individual climate control, and the separation of utilities for each unit. The basement holds untapped development potential, presenting an opportunity to maximize returns. Strategically located on Church Street, this property is in proximity to amenities, schools, and transportation, enhancing its desirability for tenants. Note that the garage, while convenient, is not accessible for driving to, ensuring added privacy. Seize the opportunity to add a valuable asset to your portfolio with this modern duplex, offering the convenience of in-suite laundry in both units, the potential for an additional income stream from the garage, and the flexibility to set your own rent in the upper unit. Your path to lucrative real estate investment starts at 390 Church Street. (id:55867)

Listed with: Coldwell Banker Homefield Legacy Realty Brokerage

Features

SIZE: 2962 sq/ft

AGE: BUILT IN 2012

HEATING: FORCED AIR

COOLING: CENTRAL AIR CONDITIONING

GARAGE: ATTACHED GARAGE

PROPERTY TAXES: $6,010

BEDROOMS: 5

BATHROOMS: 2

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