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108 Wellington Street Stratford, Ontario N5A 2L5

$899,000

Attention Investors! This is the perfect opportunity you have been searching for! Presenting a fantastic 5-unit mixed commercial and residential building located in the heart of Stratford. This property generates a lucrative income of $77,982 annually, and with zero vacancies, you can enjoy a steady stream of income without any interruptions. The building is comprised of (2) commercial and (3) residential units that are currently occupied by reliable and established renters who make on time payments. It is strategically situated near numerous amenities and offers easy access to everything downtown Stratford has to offer. This property is zoned C3, which allows for various uses, making it a versatile asset to own. Moreover, it comes with (4) parking spaces, making it convenient for tenants and customers alike. The building has been well-maintained, and several updates have been completed throughout the years. Don't miss this amazing opportunity to own this cash-producing asset. Contact your trusted REALTOR® today to book a showing and learn more about this incredible investment opportunity. (id:20872)

Property Details

MLS® Number 40504575
Property Type Office
Amenities Near By Hospital, Public Transit, Schools
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure, Paved Driveway
Parking Space Total 4

Building

Basement Type Partial
Constructed Date 1890
Exterior Finish Brick, Vinyl Siding
Foundation Type Stone
Stories Total 2
Size Exterior 3905.0000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Frontage 96 Ft
Size Total Text Under 1/2 Acre
Zoning Description C3

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/26209233/108-wellington-street-stratford

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