Multiplex for sale in the heart of downtown Windsor Ontario
Description
Invest In A Purpose Built Legal 4-Plex Located In Prime Downtown Windsor! Close To Windsor International Transit Terminal, Waterfront, Parks, Markets, Shops, Restaurants, Waterpark And Caesars Casino. It's Also One Transit Bus Away From The University Of Windsor, Walking Distance To St. Clair College And Just Minutes Away From The Usa Border! *Features Two 2 Bedroom Units And Two 3 Bedroom Units And Has 2 Full Baths In Each Unit For A Total Of 10 Rooms And 8 Full Baths. Each Unit Has 2 Levels. Fully Renovated In 2020 With All Newer Systems, Newer Appliances, Laundry In 3 Units To Attract A+ Tenants. Fully Fenced Yard. Perfect For Students! All Rents Are Current Market Rates. Currently Professionally Managed By Reputable Local Pm Company. Potential To Generate $76,800 Annual (or $6,400/month) In Rental Income With A Cap Rate Of 5.40% And Net Operating Income (Noi) Of $62,154.85 Per Year. All Units Separately Metered. Tenants Pay Gas And Hydro. Ll Pays Water. It's An Opportunity You Won't Want To Miss!**** EXTRAS **** Fully Renovated From The Studs Up In 2020 With Newer Roof, Plumbing, Electrical; Mechanical Systems. He Tankless Water/Space Heating Combo Units ; Led Pot Lights Throughout. Detached 2 Car Garage Can Be Rented As-Is Or Potential Adu!
- Ad Type: Offering
real estate | land for sale
2023-04-17