Property Description for 173 QUEEN STREET
Welcome to this exceptional 7-unit investment opportunity in Stratford, Ontario! Priced to attract savvy investors, this property offers an impressive 5.7% cap rate and potential for further upside. Situated in a quiet residential area, but within a short drive to downtown. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. With an average rent of over $1,700 per unit investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 7% cash-on-cash return in the first year! Don't miss your chance to seize this prime investment opportunity! (id:38686)
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Property Details
Property Tax
: $17,064MLS® #
: X9394012
Home Features
Property Type
: MultiFamilySquare Footage
: 4,000 SQFT
Interior Features
Heating
: Natural gas, Other
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