Property Specs:
Price$1,049,000.00
CityWindsor, ON
Address3503 SANDWICH
Listing ID25007323
ConstructionBrick
FlooringCeramic/Porcelain, Laminate
ParkingOther
Land Size48.41 X 138.00 X IRREGULAR
TypeMulti-Family
StatusFor sale
Extended Features:
Ownership FreeholdBuilding Amenities Laundry FacilityFoundation BlockHeating Baseboard heatersHeating Fuel Electric
Details:
A well-maintained, owner-managed, 11-unit apartment building in a high-demand rental area. Full brick. Close to the new Gordie Howe International Bridge and the University of Windsor. 5 - one-bedroom and 6 - two-bedroom units – appeals to a broad range of tenants. Significant upside potential in rental income, most units significantly below market rents. Key features include spacious units, rear parking for 11+ vehicles, coin-operated laundry for additional income Key Features: roof replaced 2 years ago, newer windows, owned hot water tanks. Fantastic CMHC financial options are available. One of the 2 bed units will be vacant as of May 1. See attachments for income and expense details. Current rents: $116,207. Market rents: $152,400 (id:4555)