156 ALBERT STREET, Stratford NEW LISTING

Brokered by: Coldwell Banker Homefield Legacy Realty

MLS®: X12383877 ()

Price: $1,399,900.00

Address: 156 ALBERT STREET, Stratford
FOR SALE
Postal Code: N5A3K4
Style: 
Type: Multi-family Multi-Family
Bedrooms: 0
Bathrooms: 0
Lot Size:   118 ft x 104 ft ,10 in
Property Size:  118 x 104.9 FT


About 156 Albert Street

An exciting investment opportunity in the heart of Stratford! 156 Albert Street offers the chance to transform an existing commercial building into a 12-unit residential apartment building. Plans call for a full renovation and second-storey addition, resulting in twelve modern two-bedroom apartments.This property makes a fantastic option for those looking to take on a project and develop a strong cash-flowing multi-residential asset. Much of the tedious upfront work has already been completed including design and applications with only final site plan approval remaining.The asking price includes the land, existing building, and prepared plans. Buyer will be responsible for completing the build and covering construction, permit, and development costs.Perfectly located within Stratfords vibrant downtown core, future tenants will enjoy walkability to shops, dining, theatres, and transit ensuring ongoing rental demand. Opportunities of this scale and location are rarely available in Stratfords downtown core. (id:56071). Get more information on 156 Albert Street

Property Features

Rental Equipment:  
Directions:  Albert and Nile
Zoning Description:  C3-11
Interior Size:  10660 sqft
Lot:  118 x 104.9 FT 118 x 104.9 FT
Water:  Municipal water,
Heating / Cooling:   / Fully air conditioned
Age: 
Basement:  

Rooms & Sizes

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.