8 Units in Stratford
$1,200,000
Highlights
Units
8
Stories
2
Price Per Unit
$150,000
Lot Size
96' x 110'
Cap Rate
5.4%
Centrally located 8-plex featuring 4 spacious one-bed and 4 well-appointed two-bed units. Recently upgraded with a brand-new roof (September 2024), boasting a 10-year workmanship warranty and a 50-year manufacturer warranty for peace of mind. Each unit is fully self-contained with its own furnace, hot water tank, and separate meters for gas, hydro, and water, making it a hassle-free investment where tenants pay all utilities. Tremendous potential for rental increases upon tenant turnover, with many units renovated in the past 5 years. 1 unit is currently vacant and ready for a new tenant, opportunity knocks!
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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.