Property Specs:
Price$1,100,000.00
CityWindsor, ON
Address1738 NORTHWAY AVENUE
Listing ID25015097
ConstructionAluminum/Vinyl, Brick
FlooringCeramic/Porcelain, Cushion/Lino/Vinyl, L…
ParkingOther
Land Size59.97 ft X 107.25 ft / 0.14 AC
TypeFourplex
StatusFor sale
Extended Features:
Equipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasCooling Central air conditioningFoundation ConcreteHeating Forced air, FurnaceHeating Fuel Natural gas
Details:
EARN 7.5% Return, on your 20% Down Payment – South Windsor Turn-Key & Worry Free, Fully Rented 4-Plex (with Excellent Tenants/Tenancies). Backing on to wood lot area (no rear neighbours), on quiet family street, districted for Northwood Elementary & Massey High School. Excellent current rent roll revenue $76k/yr, with even more potential future/alternative revenue (with steady annual rent increases, and/or potential Air BNB at $200/day). Location is great, with quick proximity for routes to USA bridge, and EC ROW Expressway, near hotels, shopping area, parks, schools, etc. All upgraded 2 bedroom self-contained units. Tenants pay their own utilities (4 separate electric, gas and water meters). Four separate Central furnace/AC units, and four exterior separate entrances. Full front parking lot, and plenty of street parking. This property is listed for approx. 30% less than building a new 4Plex on the Street, with almost the same rental base. Great Value and solidity built from J. RAUTI CUSTOM HOMES LTD. in 2005. Home inspection report available soon upon request. VISIT: 1738Northway.com for Videos of Units, 3D TOUR, & Floor Plans, Rev/Exp/ROI sheet. A MUST TO SEE & TO INFORM YOUR INVESTORS! Call Today! (id:4555)