RARE DUPLEX WITH A THIRD POTENTIAL INCOME SUITE OFFERING EXCELLENT CASH FLOW AND FLEXIBILITY. TWO VACANT UNITS ALLOW YOU TO CHOOSE YOUR OWN TENANTS AT MARKET RENTS, WHILE THE MAIN FLOOR IS TENANTED AT $1200 INCLUSIVE. THE SECOND FLOOR FEATURES THREE BEDROOMS (INCLUDING FINISHED LOFT) WITH PROJECTED MARKET RENTS OF $1675/MONTH. THE BASEMENT SUITE, WITH PRIVATE ENTRANCE, OFFERS ADDITIONAL INCOME POTENTIAL WITH PROJECTED MARKET RENTS OF $1000/MONTH. MAIN AND UPPER HAVE SEPARATE LAUNDRY. PLENTY OF REAR PARKING. IDEALLY LOCATED NEAR THE UNIVERSITY AND U.S. BORDER, THIS PROPERTY COMBINES STRONG RENTAL UPSIDE WITH AN UNBEATABLE LOCATION. (id:4069)
Address
393 ELM AVENUE
List Price
$299,000
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Windsor
Lot Size
31.00 x 110.00 Sq. Ft.
MLS® Number
25016703
Listing Brokerage
REMAX CAPITAL DIAMOND REALTY
Postal Code
N9A5H2
Zoning
RD1.3
