Baseboard Heaters, Boiler, Steam Radiator
$3,250,000
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:61502)
Property Details
MLS® Number |
25002438 |
Property Type |
Multi-family |
Neigbourhood |
City Centre |
Equipment Type |
Water Heater - Gas |
Rental Equipment Type |
Water Heater - Gas |
Building
Amenities |
Laundry Facility |
Exterior Finish |
Brick |
Flooring Type |
Carpeted, Hardwood, Mixed Flooring |
Foundation Type |
Block |
Heating Fuel |
Natural Gas |
Heating Type |
Baseboard Heaters, Boiler, Steam Radiator |
Stories Total |
4 |
Land
Acreage |
No |
Size Irregular |
51.96' X 81.08' |
Size Total Text |
51.96' X 81.08' |
Zoning Description |
Rd 3.1 |
https://www.realtor.ca/real-estate/27896651/581-cataraqui-street-windsor