38
See all 38 photos
$1,899,990
Est. payment /mo
15 Beds
11 Baths
New
279 Drouillard RD Windsor, ON N8Y 2P4
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X12118124
Style 2-Storey
Bedrooms 15
Annual Tax Amount $8,410
Tax Year 2024
Property Sub-Type Multiplex
Property Description
15 Unit building. Property is Fully Tenanted! Building current use consist of 3 - One Bedroom Units and 6 - Bachelor Units and 6 - Studio Rooms. BONUS Vacant Lot Built-To-Suit next to Property INCLUDED. Gross Annual revenue $151,000. Annual Expenses $39k. With 6% Cap RATE. Projected Cap Rate at 8.3% Building is Located next to A State-Of-The-Art Retirement Home. Walk to Riverside Waterfront with Amazing Detroit Skyline views! Steps to Ceasers Palace, Detroit-Windsor Tunnel, VIA Rail Station, J.P. Wiser Factory. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. **EXTRAS** All Units Above-Ground. 15 Fridges, 10 Microwaves, 4 Stoves, 6 Induction Cooktops
Location
Province ON
County Essex
Area Essex
Rooms
Basement None
Kitchen 9
Interior
Interior Features Carpet Free
Cooling Central Air
Inclusions 4 Owned Electric Hot Water Tanks, Coin - Op Laundry Washer & Dryer, Camera System, Door Security System
Exterior
Exterior Feature Deck, Patio, Porch
Parking Features None
Pool None
View Water, City, Skyline
Roof Type Flat
Total Parking Spaces 15
Building
Foundation Concrete Block
Others
Virtual Tour https://www.youtube.com/watch?v=J_ChQjv3IGw
Lited by RIGHT AT HOME REALTY