6 Bedroom
5 Bathroom
2,000 - 2,500 sqft
Central Air Conditioning
Forced Air
$700,000
Invest In A Turnkey, Cash-Flowing Fourplex In The Heart Of Central Windsor! Featuring Four Self-Contained 1-Bedroom, 1-Bathroom Units, Each With Its Own Living Room, Kitchen And Upgraded Appliances. Current Rents Are Unit 1: $1,150 + $50 Wi-Fi, Unit 2: $1,435, Unit 3: $1,435 + $50 Wi-Fi And Unit 4: $1,435 + $50 Wi-Fi. With The Vacant Lower-Level 2-Bedroom, 1-Bathroom In-Law Suite At An Estimated $1,500/Month, Projected Total Income Is $7,155/Month / $85,860 Annually, With A Projected NOI Of $69,506 And Nearly 10% Pro Forma Cap Rate.The Renovated Lower-Level Walkout Features Its Own Kitchen And Living Room, Offering Additional Rental Upside Or The Flexibility To Occupy The Space. Shared Pay-Per-Use Laundry Provides An Additional Revenue Stream.Ideally Located Near Devonshire Mall, Transit, Shopping, E.C. Row Expressway, Highway 401, Downtown Windsor And The USA Border. Features Include 4-5 Rear Parking Spaces, Exterior PVR Security Cameras, 4 Hydro Meters, 2 Owned Hot Water Tanks And An Owned Furnace. Recent Improvements Include Roof Upgrades And A New Exterior Deck Completed In 2024. A Well-Maintained Income Property Offering Strong Cash Flow, Rental Upside And Excellent Investment Potential. Don't Miss The Opportunity To Add This Turnkey Income-Producing Property To Your Portfolio! (id:52874)
Property Details
|
MLS® Number
|
X13757632 |
|
Property Type
|
Multi-family |
|
Community Name
|
Windsor |
|
AmenitiesNearBy
|
Public Transit |
|
Features
|
Carpet Free, In-law Suite |
|
ParkingSpaceTotal
|
4 |
|
Structure
|
Deck, Porch |
Building
|
BathroomTotal
|
5 |
|
BedroomsAboveGround
|
6 |
|
BedroomsTotal
|
6 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Water Heater, Dryer, Stove, Washer, Refrigerator |
|
BasementDevelopment
|
Finished |
|
BasementFeatures
|
Walk Out |
|
BasementType
|
N/a (finished) |
|
CoolingType
|
Central Air Conditioning |
|
ExteriorFinish
|
Brick, Aluminum Siding |
|
FireProtection
|
Security System |
|
FlooringType
|
Hardwood |
|
FoundationType
|
Unknown |
|
HeatingFuel
|
Natural Gas |
|
HeatingType
|
Forced Air |
|
StoriesTotal
|
2 |
|
SizeInterior
|
2,000 - 2,500 Sqft |
|
Type
|
Fourplex |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
LandAmenities
|
Public Transit |
|
Sewer
|
Sanitary Sewer |
|
SizeDepth
|
96 Ft ,7 In |
|
SizeFrontage
|
37 Ft ,3 In |
|
SizeIrregular
|
37.3 X 96.6 Ft |
|
SizeTotalText
|
37.3 X 96.6 Ft|under 1/2 Acre |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Living Room |
4.93 m |
3.38 m |
4.93 m x 3.38 m |
|
Main Level |
Bedroom |
3.38 m |
2.67 m |
3.38 m x 2.67 m |
|
Main Level |
Bathroom |
1.63 m |
1.57 m |
1.63 m x 1.57 m |
|
Main Level |
Kitchen |
3.38 m |
3.53 m |
3.38 m x 3.53 m |
|
Main Level |
Living Room |
3.86 m |
3.78 m |
3.86 m x 3.78 m |
|
Main Level |
Bedroom 2 |
3.68 m |
3.1 m |
3.68 m x 3.1 m |
|
Main Level |
Bathroom |
2.44 m |
1.8 m |
2.44 m x 1.8 m |
|
Main Level |
Kitchen |
1.98 m |
3.35 m |
1.98 m x 3.35 m |
https://www.realtor.ca/real-estate/30249388/2269-71-howard-avenue-windsor-windsor
