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:15069)
| MLS® Number | X13757632 |
| Property Type | Multi-family |
| Community Name | Windsor |
| Amenities Near By | Public Transit |
| Features | Carpet Free, In-law Suite |
| Parking Space Total | 4 |
| Structure | Deck, Porch |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Aluminum Siding |
| Fire Protection | Security System |
| Flooring Type | Hardwood |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 96 Ft ,7 In |
| Size Frontage | 37 Ft ,3 In |
| Size Irregular | 37.3 X 96.6 Ft |
| Size Total Text | 37.3 X 96.6 Ft|under 1/2 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 4.93 m | 3.38 m | 4.93 m x 3.38 m |
| Main Level | Bedroom | 3.38 m | 2.67 m | 3.38 m x 2.67 m |
| Main Level | Bathroom | 1.63 m | 1.57 m | 1.63 m x 1.57 m |
| Main Level | Kitchen | 3.38 m | 3.53 m | 3.38 m x 3.53 m |
| Main Level | Living Room | 3.86 m | 3.78 m | 3.86 m x 3.78 m |
| Main Level | Bedroom 2 | 3.68 m | 3.1 m | 3.68 m x 3.1 m |
| Main Level | Bathroom | 2.44 m | 1.8 m | 2.44 m x 1.8 m |
| Main Level | Kitchen | 1.98 m | 3.35 m | 1.98 m x 3.35 m |
https://www.realtor.ca/real-estate/30249388/2269-71-howard-avenue-windsor-windsor
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