Reconstructed 12 Unit Multi-Residential building. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Gross Annual revenue $199,000. Annual Expenses $36k. With current Cap RATE of 6.8%. Projected Cap Rate at 8.5%. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Steps to Stellantis Chrysler Plant, close to Windsor Regional Hospital, Ceasers Palace, Detroit-Windsor Tunnel. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. **EXTRAS** 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops. ALL UNITS ABOVE GROUND! (id:4069)
Address
1804 DROUILLARD ROAD
List Price
$2,399,990
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Windsor
Bedrooms
12
Bathrooms
12
Floor Area
2,147,483,647 Sq. Ft.
Lot Size
45 x 100 FT Sq. Ft.
MLS® Number
X12118121
Listing Brokerage
RIGHT AT HOME REALTY
Basement Area
Partial (Finished)
Postal Code
N8W3X5
Site Influences
Hospital, Public Transit, Schools, Place of Worship
Features
Sump Pump
Amenities
Separate Heating Controls
