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581 Cataraqui Street Windsor, ON - $3,250,000

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PROPERTY SPECS

Listing ID 25002438
Address 581 CATARAQUI STREET
City Windsor, ON
Price $3,250,000
Construction Brick
Flooring Carpeted, Hardwood, Mixed Flooring
Land Size 51.96' X 81.08'
Status For sale

EXTENDED FEATURES

Equipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasBuilding Amenities Laundry FacilityFoundation BlockHeating Baseboard heaters, Boiler, Steam radiatorHeating Fuel Natural gas Date Listed 2025-02-10 17:01:00Days on Market 12

DETAILS

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:4555)
LISTING OFFICE:
Royal LePage Binder Real Estate, Greg Barlow
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