263 Church Street Stratford, ON N5A 2R7
Inscription par: MLS LogoCREA - C21 Brokers / Century 21 First Canadian Corp. Brokerage / Harold Matthews

  263 Church Street Stratford, ON N5A 2R7

En vigueur (1 Jours)
2 600 000 $
4 500
PI. CA.

Description

TURN-KEY 11-PLEX RESIDENTIAL APARTMENT BUILDING IN EXCEPTIONAL CONDITION. PRIDE OF OWNERSHIP IS CLEARLY EVIDENT THROUGHOUT THIS MULTI-PLEX. GROSS ANNUAL INCOME $207,216 MINUS THE EXPENSES OF $63,424= $143,792 NET INCOME. RECENT CAPITAL IMPROVEMENTS: 50 YEAR FIBERGLASS REINFORCED SHINGLES, NEWER PARKING LOT, CONCRETE PAD AT MAIN ENTRANCE, CONCRETE WALKWAYS, STEPS AND PORCH AREAS, HALLWAY FLOOR COVERINGS, 3RD FLOOR DORMER WINDOWS. BUILDING IS INSPECTED ANNUALLY BY STRATFORD FIRE DEPARTMENT. BUILDING MEETS ALL CODE REQUIREMENTS, ALARM SYSTEM IS SUPPLIED BY FOREST CITY FIRE PROTECTION AND IS INSPECTED BY THEM EACH YEAR. TENANTS PAY HYDRO-SEPARATE UNITE METERS; LANDLORD PAYS HEAT AND WATER; UNITS 5 AND 6 SHARE A WATER METER. ACCORDINGLY, LANDLORD PAYS THE HYDRO FOR THESE TWO UNITS. BUILDING IS HEATED WITH NATURAL GAS; TWO STAGES VIESMAN BOILERS; HOT WATER SUPPLIED BY ONE GAS WATER HEATER; ALL LEASES ARE 2 YEARS; LANDLORD USES LPMA LEASES AND RENT CHECK CORP FOR SCREENING; RENT DISCOUNT WHEN RET IS PAID ON DUR DATE: $25-#11, 2% ON ALL OTHERS. COMPLEX IS NESTLED IN MATURE OLD SOUTH REGION OF STRATFORD. SELLER FINANCING MAY BE AVAILABLE TO QUALIFIED BUYERS. (id:42016)

MLS®:
X12225545
Catégorie
Multifamily
Ville
Perth County

Listed By

Harold Matthews, Century 21 First Canadian Corp. Brokerage
Source
CREA - C21 Brokers
Dernière vérification Juin 18 2025 à 11:20 PM GMT+0000
Détails sur les salles de bains
Informations sur le lot
  • Irregular Lot Size
Chauffage et refroidissement
  • Hot Water Radiator Heat
Informations sur les services publics
  • Sewer: Septic System
Stationnement
  • Total: 17
Surface Habitable
  • 4,500 pi. ca.
Alimenté par Walk Score®
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 6/18/25 16:20