520-528 Church St Windsor ( Ontario, CA - N9A 4S9) Built

$1,150,000

Re/Max Preferred Realty Ltd.

Teresa Macri Teresa Macri (519)944-5955 (Office) (519)965-1793 (Cell) (519)944-3387 (Fax) Request More Info

  • Type: Commercial
  • Style: Apartment "Apts-2 To 5 Units"
  • Bathrooms: 8
  • Lot Size: 4500 sq. ft. 45ft x 100ft "45 ft X 100 ft"
  • Taxes: $5,005.15 (2022)
  • MLS ® #: X5912119
  • Basement: Yes "Y"

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 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!

Highlights

  • Cooling: Air Conditioning
  • Heating: Radiant
  • Area Influences: Public Transit
  • 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!
  • Freestanding
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sanitary
Brokered and Advertised by : Ipro Realty Ltd.
P2#1383822189
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Information is deemed to be correct but not guaranteed.

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