This investment opportunity stands out with a strong 7% cap rate, making it highly attractive for income-focused investors. This 6-plex is meticulously designed and built with high-quality materials and innovative soundproofing technology, delivering superior noise reduction and enhanced tenant comfort. Located in a prime, highly accessible area, the property benefits from proximity to the University of Windsor, St. Clair College, as well as Belle wood Public School & Massey High School, major highways including direct routes to the USA, and nearby amenities like hotels, shopping centers, and downtown. Walking distance to public transportation further adds to its desirability. All units are separately metered with owned water heaters, enabling efficient property management. The property features parking for each 1 unit & additional visitor parking, and an aluminum shed. For more info and private viewing, contact Listing Agent. (id:4069)
Address
1811 NORTHWAY AVENUE
List Price
$2,249,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
sale
Area
Ontario
Sub-Area
Windsor
Lot Size
64.31 FT X 106.19 FT Sq. Ft.
Year Built
2020
MLS® Number
25021392
Listing Brokerage
PINNACLE PLUS REALTY LTD.
Postal Code
N9B3M1
Zoning
PD1
