Space
Finished area and layout
- Living Area
- 3,200 sqft
- Above Grade
- 3,200 sqft
- Finished Breakdown
- Above 3,200 sqft
+11 more
3,200 sqft
Living Area
40 X 150 FT
Lot
Property Snapshot
Key details for this listing
MLS #26023802
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Stories
About This Property
This multi-family in Windsor offers 3,200 sqft of living area on a 40 X 150 FT lot. 2 storeys. The home features mixed flooring flooring, radiant heat, forced air, electric, natural gas heating.
MLS Remarks
TURN KEY INVESTMENT OPPORTUNITY WITH PROMISING $66,000 ANNUAL GROSS RENTAL INCOME (APPROX) IN A HIGH-DEMAND CORRIDOR! THIS MIXED USE 4-UNIT PROPERTY FEATURES A 12 CAR PAVED PARKING LOT AND IS PROMINENTLY SITUATED AT A CORNER LOCATION. THIS 2 STOREY BUILDING WITH FULL BASEMENT IS ZONED CD2.2 AND BENEFITS FROM EXCELLENT VISIBILITY, STRONG RENTAL DEMAND, UPDATED STREET/SIDEWALK IMPROVEMENTS, WALKING DISTANCE TO UNIVERSITY OF WINDSOR AND CONVENIENT ACCESS TO PUBLIC TRANSIT. THE MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL OFFICE OR RETAIL USE, ONE UNIT IS CURRENTLY OWNER OCCUPIED. THE SECOND FLOOR CONSISTS OF TWO NEWLY REFURBISHED, FRESHLY PAINTED SELF-CONTAINED 2-BEDROOM RESIDENTIAL UNITS, NEW OWNER HAS THE FLEXIBILITY TO SELECT TENANTS AND ESTABLISH CURRENT RENTAL RATES OFFERING EXCELLENT INCOME AND UPSIDE POTENTIAL. 4 ELECTRICAL METERS, NEWER ENERGY-EFFICIENT FURNACE AND CENTRAL AIR FOR THE COMMERCIAL UNITS, NEWER ENERGY EFFICIENT GAS HOT WATER TANK OWNED. BUYER TO COMPLETE THEIR OWN DUE DILIGENCE. SELLER HAS THE RIGHT TO ACCEPT OR REJECT ANY AND ALL OFFERS. (id:60351)
Full Listing Details
Address1603-1611 UNIVERSITY AVENUE West
MLS#26023802
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market28
Common InterestFreehold
Parking TypeOther
Structure TypeFourplex
AttachedAttached
StyleMultiplex
Building FeaturesShopping Area
Living Area3,200 sqft
Above Grade Area3,200 sqft
Stories2
CityWindsor
ProvinceOntario
Postal CodeN9B1C3
Lot Dimensions40 X 150 FT
Zoning DetailsCD2.2
Parking FeaturesOther
HeatingRadiant heat, Forced air, Electric, Natural gas
FlooringMixed Flooring
FoundationUnknown
ExteriorBrick
Business TypeResidential
CORNER OF McEWAN AND UNIVERSITY WEST, ONE BLOCK EAST OF CAMPBELL AVE
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