Mal Kearns

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1804 DROUILLARD ROAD, Windsor, Ontario

$2,895,000

12 Beds
12 Baths

BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Bank Appraisal at $3.1M. Selling BELLOW Appraised value! Gross Annual revenue around $200k with current Cap Rate of 5.7%. Projected Cap Rate at 7.2% in Year 2026. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Add this Brand-New Turn-Key 12 Unit Multi-Family Property to your real estate investment portfolio. Steps to Stellantis Chrysler Plant, McDonalds, Tim Hortons, Burger King, close to Windsor Regional Hospital, Stellantis Battery Plant, Metro Grocery, Ceasers Palace, Detroit-Windsor Tunnel. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. Financial Information Available. (id:23309)

Listing ID: X9236147
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	6.096 m x 6.096 m
Bedroom	Second level	6.096 m x 6.096 m
Bedroom	Second level	6.096 m x 6.096 m
Bedroom	Second level	6.096 m x 6.096 m
Bedroom	Second level	6.096 m x 6.096 m
Bedroom	Second level	6.096 m x 8 m
Bedroom	Main level	6.096 m x 6.096 m
Bedroom	Main level	6.096 m x 6.096 m
Bedroom	Main level	6.096 m x 6.096 m
Bedroom	Main level	6.096 m x 6.096 m
Bedroom	Main level	6.096 m x 6.096 m
Bedroom	Main level	6.096 m x 6.096 m

Details

Amenities Nearby: Hospital, Public Transit, Schools, Place of Worship
Community Features: Community Centre, School Bus
Features: Sump Pump
Parking Spaces: 5
Transaction: For sale

Building

Amenities: Separate Heating Controls
Appliances: Water Heater, Water meter
BasementType: Partial (Finished)
Basement Development: Finished
Bedrooms Main Level: 9
Bedrooms Lower Level: 3
Constructed Status: Insulation upgraded
Cooling: Wall unit, Ventilation system
Exterior Finish: Brick, Concrete
Fireplace Present: False
Fire Protection: Security system, Smoke Detectors
Foundation: Concrete
Bathrooms (Total): 12
Heating: Heat Pump
Heating Fuel: Electric
Size Interior: 4999.958 - 99999.6672 sqft
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Amenities: Hospital, Public Transit, Schools, Place of Worship
Sewer: Sanitary sewer
Size Frontage: 45 ft
Size Irregular: 45 x 100 FT

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1804 DROUILLARD ROAD in Windsor Ontario. It was last modified on August 1st, 2024. Contact Mal Kearns to schedule a viewing or to discover other Windsor real estate for sale.

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