2269-71 Howard Avenue Windsor, Ontario N8X 3V2

6 Bedroom 5 Bathroom 2,000 - 2,500 sqft
Central Air Conditioning Forced Air

$700,000

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)

Property Details

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

Building

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

Parking

No Garage

Land

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

Rooms

Level Type Dimensions
Main Level Living Room 4.93 m x 3.38 m
Main Level Bedroom 3.38 m x 2.67 m
Main Level Bathroom 1.63 m x 1.57 m
Main Level Kitchen 3.38 m x 3.53 m
Main Level Living Room 3.86 m x 3.78 m
Main Level Bedroom 2 3.68 m x 3.1 m
Main Level Bathroom 2.44 m x 1.8 m
Main Level Kitchen 1.98 m x 3.35 m

https://www.realtor.ca/real-estate/30249388/2269-71-howard-avenue-windsor-windsor

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