Property Specs:
Price$3,250,000.00
CityWindsor, ON
Address581 CATARAQUI STREET
Listing ID25002438
ConstructionBrick
FlooringCarpeted, Hardwood, Mixed Flooring
Land Size51.96' X 81.08'
StatusFor sale
Extended Features:
Equipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasBuilding Amenities Laundry FacilityFoundation BlockHeating Baseboard heaters, Boiler, Steam radiatorHeating Fuel Natural gas
Details:
FULLY RENTED, HEAVILY RENOVATED 18-UNIT GEM IN CENTRAL WINDSOR. This well maintained multi-family property features 15 one-bedroom units and 3 two-bedroom units. Offering a mix of desirable layouts for tenants. Situated in a prime location. It's within walking distance of all major amenities, including Caesars Casino, Downtown Windsor, and Little Italy. Highlights: $50,000 in recent renovations Assumptions for vacancy, maintenance and management at 5% of gross income, which is conservative based on actuals. Strong 6% cap rate. Solid cash flow figures available upon request. Don't miss out on this turn-key investment opportunity in a highly desirable location!! (id:4555)
