Salehian.com 647-325-5000

2269-71 HOWARD AVENUE

Windsor, Windsor, N8X3V2

Listed by RE/MAX MILLENNIUM REAL ESTATE

$700,000

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  • 6 bedrooms
  • 5 bathrooms
  • 4 parking

Listed 43 days ago · MLS® X13757632

About this home

Invest In A Turnkey, Cash-Flowing Fourplex In The Heart Of Central Windsor! Featuring Four Self-Contained 1-Bedroom, 1-Bathroom Units, Each With Its Own Living Room, Kitchen And Upgraded Appliances. Current Rents Are Unit 1: $1,150 + $50 Wi-Fi, Unit 2: $1,435, Unit 3: $1,435 + $50 Wi-Fi And Unit 4: $1,435 + $50 Wi-Fi. With The Vacant Lower-Level 2-Bedroom, 1-Bathroom In-Law Suite At An Estimated $1,500/Month, Projected Total Income Is $7,155/Month / $85,860 Annually, With A Projected NOI Of $69,506 And Nearly 10% Pro Forma Cap Rate.The Renovated Lower-Level Walkout Features Its Own Kitchen And Living Room, Offering Additional Rental Upside Or The Flexibility To Occupy The Space. Shared Pay-Per-Use Laundry Provides An Additional Revenue Stream.Ideally Located Near Devonshire Mall, Transit, Shopping, E.C. Row Expressway, Highway 401, Downtown Windsor And The USA Border. Features Include 4-5 Rear Parking Spaces, Exterior PVR Security Cameras, 4 Hydro Meters, 2 Owned Hot Water Tanks And An Owned Furnace. Recent Improvements Include Roof Upgrades And A New Exterior Deck Completed In 2024. A Well-Maintained Income Property Offering Strong Cash Flow, Rental Upside And Excellent Investment Potential. Don't Miss The Opportunity To Add This Turnkey Income-Producing Property To Your Portfolio! (id:66966)

Details

Type
Multiplex
Basement
Finished, Walk out, N/A
Garage
Garage
Property tax
$4,819
Neighbourhood
Windsor
Municipality
Windsor

Interior

Bedrooms
6 above ground
Fireplace
No
Appliances
Washer, Refrigerator, Stove, Dryer, Water Heater
Flooring
Hardwood

Heating, cooling and services

Heating
Forced air, Natural gas
Air conditioning
Central air conditioning
Water and sewer
Sanitary sewer

Building and exterior

Outdoor
Brick, Aluminum siding

Parking

Total parking
4
Driveway and parking
No Garage

Rooms

RoomLevelSizeFeatures
Living roomMain level4.93 × 3.38 m (16'2" × 11'1")
BedroomMain level3.38 × 2.67 m (11'1" × 8'9")
BathroomMain level1.63 × 1.57 m (5'4" × 5'2")
KitchenMain level3.38 × 3.53 m (11'1" × 11'7")
Living roomMain level3.86 × 3.78 m (12'8" × 12'5")
Bedroom 2Main level3.68 × 3.1 m (12'1" × 10'2")
BathroomMain level2.44 × 1.8 m (8' × 5'11")
KitchenMain level1.98 × 3.35 m (6'6" × 11')

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX MILLENNIUM REAL ESTATE.

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