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$749,000
Est. payment /mo
6 Beds
4 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $299
Subdivision Stratford
MLS® Listing ID X12115266
Bedrooms 6
Originating Board OnePoint Association of REALTORS®
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 todays challenging first-time buyer market. Investors will appreciate the turnkey nature, reliable tenants, and future upside potential.Tenants pay hydro; the landlord covers gas. 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Cooling Wall unit
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2.5
Sewer Septic System
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Listed by Royal LePage Hiller Realty
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4