Forced Air, Radiant Heat
$475,000
TURN KEY INVESTMENT OPPORTUNITY WITH PROMISING $66,000 ANNUAL GROSS RENTAL INCOME (APPROX) IN A HIGH-DEMAND CORRIDOR! THIS MIXED USE 4-UNIT PROPERTY FEATURES A 12 CAR PAVED PARKING LOT AND IS PROMINENTLY SITUATED AT A CORNER LOCATION. THIS 2 STOREY BUILDING WITH FULL BASEMENT IS ZONED CD2.2 AND BENEFITS FROM EXCELLENT VISIBILITY, STRONG RENTAL DEMAND, UPDATED STREET/SIDEWALK IMPROVEMENTS, WALKING DISTANCE TO UNIVERSITY OF WINDSOR AND CONVENIENT ACCESS TO PUBLIC TRANSIT. THE MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL OFFICE OR RETAIL USE, ONE UNIT IS CURRENTLY OWNER OCCUPIED. THE SECOND FLOOR CONSISTS OF TWO NEWLY REFURBISHED, FRESHLY PAINTED SELF-CONTAINED 2-BEDROOM RESIDENTIAL UNITS, NEW OWNER HAS THE FLEXIBILITY TO SELECT TENANTS AND ESTABLISH CURRENT RENTAL RATES OFFERING EXCELLENT INCOME AND UPSIDE POTENTIAL. 4 ELECTRICAL METERS, NEWER ENERGY-EFFICIENT FURNACE AND CENTRAL AIR FOR THE COMMERCIAL UNITS, NEWER ENERGY EFFICIENT GAS HOT WATER TANK OWNED. BUYER TO COMPLETE THEIR OWN DUE DILIGENCE. SELLER HAS THE RIGHT TO ACCEPT OR REJECT ANY AND ALL OFFERS. (id:52874)
Property Details
|
MLS® Number
|
26023803 |
|
Property Type
|
Multi-family |
Building
|
Amenities
|
Shopping Area |
|
ExteriorFinish
|
Brick |
|
FlooringType
|
Mixed Flooring |
|
FoundationType
|
Unknown |
|
HeatingFuel
|
Electric, Natural Gas |
|
HeatingType
|
Forced Air, Radiant Heat |
|
StoriesTotal
|
2 |
|
Type
|
Fourplex |
Parking
Land
|
Acreage
|
No |
|
SizeIrregular
|
40 X 150 Ft |
|
SizeTotalText
|
40 X 150 Ft |
|
ZoningDescription
|
Cd2.2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
4pc Bathroom |
|
|
Measurements not available |
|
Second Level |
4pc Bathroom |
|
|
Measurements not available |
|
Second Level |
Bedroom |
|
|
Measurements not available |
|
Second Level |
Bedroom |
|
|
Measurements not available |
|
Second Level |
Living Room |
|
|
Measurements not available |
|
Second Level |
Kitchen |
|
|
Measurements not available |
|
Second Level |
Bedroom |
|
|
Measurements not available |
|
Second Level |
Bedroom |
|
|
Measurements not available |
|
Second Level |
Living Room |
|
|
Measurements not available |
|
Second Level |
Kitchen |
|
|
Measurements not available |
|
Main Level |
2pc Bathroom |
|
|
Measurements not available |
|
Main Level |
2pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Other |
|
|
Measurements not available |
|
Main Level |
Kitchen |
|
|
Measurements not available |
|
Main Level |
Office |
|
|
Measurements not available |
https://www.realtor.ca/real-estate/30336290/1603-1611-university-avenue-west-windsor
