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Home ON Stratford Perth County
34-38 DOURO STREET
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34-38 DOURO STREET $1,200,000
$1,200,000
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34-38 DOURO STREET
Stratford, Ontario N5A3R3

MLS® Number: X12260878

Listing Description

This well-maintained 4-unit multi-residential property, located within walking distance to downtown offers solid income and long-term value. With two 3-bedroom, 1-bathroom and two 2-bedroom, 1-bathroom units there is plenty of space to attract good tenants and rent. Recent major updates include a new roof (approx. 2017), a gas furnace (approx. 2015), and replacement of about half the windows, including all in Apartment #1. Apartment #1 was fully renovated in 2024, and Apartment #2 was updated in 2021 with new flooring, kitchen, and several new windows including a sliding patio door. Each unit also features laundry hookups and two parking spaces. This turnkey investment offers dependable rental income, minimal maintenance needs, and is located in a strong rental market. A fantastic opportunity to expand your portfolio, contact your REALTOR today to arrange a viewing. (40815357)

Location Description

Cross Streets: Waterloo Street South/Nile Street. ** Directions: On the North Side of Douro Street betweem Waterloo Street South and Nile Street.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Stratford
Land Size
66 x 122.4 FT
Annual Property Taxes
$5,990
Time on REALTOR.ca
166 days

Building

Building Features
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
4393 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
122 ft ,4 in
Other Property Information
Zoning Description
R3
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