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581 CATARAQUI STREET
Windsor Ontario , N9A3P2 , Canada
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$3,250,000.00
MLS® 25002438
Investment
Lot Size: 51.96' X 81.08'
Zoning: RD 3.1
Remarks:
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:7526)

Property Features:
  • Equipment Type: Water Heater - Gas
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater - Gas
Building Features:
  • Amenities: Laundry Facility
  • Exterior Finish: Brick
  • Flooring Type : Carpeted , Hardwood , Flooring Type
  • Foundation Type: Block
  • Heating Fuel: Natural gas
  • Heating Type: Baseboard heaters , Boiler , Steam radiator

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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