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29 Glenn Stewart Drive Stratford, Prince Edward Island C1B 2A8

$2,800,000

Presenting a rare opportunity to acquire a 100 % occupied 18-unit apartment building conveniently located in the heart of Stratford at 29 Glen Stewart Drive. This fantastic apartment building was constructed in 2002 and features coin laundry and individual electrical meters for each unit. The property configuration is 17 two-bedrooms and 1 one-bedroom unit. Most dishwashers, stoves, fridges etc. have been replaced in the units. The laminate flooring has been replaced in all (except three units) and is in good repair. In recent years, all patio doors have been replaced, as well as a new roof installed and a newly paved lot. Upon move out, the units are painted and cleaned top to bottom, and all closet doors get new hardware, hinges, countertops in the washrooms (if needed), taps etc. The air exchangers have all been serviced and checked twice a year to ensure everything is working correctly. There is a mini barn on the premises serving as additional storage. The property sits just off of Stratford Road and steps from the local transit providing residents with easy access to and from the building. Additionally, Glenn Stewart School is also steps from the property. 29 Glen Stewart Drive presents a rare opportunity for an investor to acquire a cash-flowing asset in the heart of Stratford. (id:48050)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number 202216951
Property Type Other
Neigbourhood STRATFORD
Community Name Stratford
Amenities Near By Public Transit, Shopping

Building

Amenities Laundry Facility
Constructed Date 2002
Flooring Type Other
Stories Total 3
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard
Visitor Parking

Land

Acreage No
Land Amenities Public Transit, Shopping
Land Disposition Cleared
Size Irregular 0.80
Size Total 0.8000|1/2 - 1 Acre
Size Total Text 0.8000|1/2 - 1 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/24658380/29-glenn-stewart-drive-stratford-stratford

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