581 Cataraqui Street Windsor, Ontario N9A 3P2
$3,250,000
FULLY RENTED, HEAVILY RENOVATED 18-UNIT GEM IN CENTRAL WINDSOR. This well maintained multi-family property features 15 one-bedroom units and 3 two-bedroom units. Offering a mix of desirable layouts for tenants. Situated in a prime location. It's within walking distance of all major amenities, including Caesars Casino, Downtown Windsor, and Little Italy. Highlights: $50,000 in recent renovations Assumptions for vacancy, maintenance and management at 5% of gross income, which is conservative based on actuals. Strong 6% cap rate. Solid cash flow figures available upon request. Don't miss out on this turn-key investment opportunity in a highly desirable location!! (id:47351)
Property Details
| MLS® Number | 25002438 |
| Property Type | Multi-family |
| Equipment Type | Water Heater - Gas |
| Rental Equipment Type | Water Heater - Gas |
Building
| Amenities | Laundry Facility |
| Exterior Finish | Brick |
| Flooring Type | Carpeted, Hardwood, Mixed Flooring |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Boiler, Steam Radiator |
| Stories Total | 4 |
Land
| Acreage | No |
| Size Irregular | 51.96' X 81.08' |
| Size Total Text | 51.96' X 81.08' |
| Zoning Description | Rd 3.1 |
https://www.realtor.ca/real-estate/27896651/581-cataraqui-street-windsor
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February 10 2025 06:07:15
Windsor-Essex County Association of REALTORS®
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