Attention investors! Well maintained, turn-key 7 unit apartment building centrally located near downtown, waterfront, bus routes and amenities. Backing onto university ave/kids alliance park! Fully occupied. 1x 2br, 4x 1br and 2x bachelor units. Many recent renovations. 6. 15% cap rate, excellent cash-flow with 5-year return at $66,592! (higher return potential with self-management) . All units separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7 refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set - coin op). Contact listing sales rep for your private viewing and financials today! (id:4555)
Listing ID26009379
Address1050 ASSUMPTION
CityWindsor, ON
Price$1,199,500
ConstructionAluminum/Vinyl, Brick
FlooringMixed Flooring
Land Size32 FT X 110 FT
TypeMulti-Family
StatusFor sale