Property Specs:
Price$1,350,000.00
CityWindsor, ON
Address3689 SANDWICH
Listing ID23023073
ConstructionBrick
FlooringLaminate
ParkingOther
Land Size62.91 X IRREG
TypeMulti-Family
StatusFor sale
Extended Features:
Ownership FreeholdFoundation BlockHeating Baseboard heaters, Forced air, FurnaceHeating Fuel Electric, Natural gas
Details:
Unique Opportunity to Obtain a 5-Unit Building in prime Rental Location. This two-story property comprises 4 - 1 bedroom unit and 1 - commercial unit, yielding an impressive annual rental income of $112,800. Currently, each residential unit rented for $850+utilities per month, with the potential for a market rent increase to $1,100+utilities(vacant possession possible). The commercial unit rented for $4,500/month. The garage/storage space, presently unoccupied, was formerly leased for $1,500/month. With a CD2.2 zoning, this property offers substantial potential to amplify income by adding a multiunit building at the rear. A true gem for both investors and builders, this property represents an enticing opportunity. contact us today to schedule an appointment! (id:4555)