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$749,000
112 HURON STREET
Stratford, Ontario, Ontario, N5A5S6
MLS® Number: X12115266
Property description
Welcome to 112 Huron Street a fully tenanted, well-maintained legal triplex located in the heart of Stratford. This solid brick property offers three self-contained units, each with private entrances, parking, and spacious layouts. The building features two 3-bedroom units and a bright 1-bedroom bachelor suite, generating over $58,000/year in gross rental income.Perfect for owner-occupiers seeking to offset mortgage costs live in one unit and let the others pay the bills, an ideal strategy for entering challenging first-time buyer market. Investors will appreciate the turnkey nature, reliable tenants, and future upside potential.Tenants pay hydro; the landlord covers gas for Hot Water Heat Units zoned for temperature control. Major upgrades in 2019 include three ductless A/C units, a new water softener, sump pit with pump, and extensive landscaping with over $21,000 invested in improvements.Zoned for multi-residential use and ideally located close to downtown, schools, and transit. Whether you're an investor or an end-user, 112 Huron Street is a smart move.
Building information
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Land information
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Courtesy of Royal LePage Hiller Realty
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