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1804 Drouillard Road

Windsor, Ontario, N8W3X5

$2,399,990

MLS®#: X12118121
12
Beds
12
Baths
5000 - 100000
Sq. Ft.
Description:

Reconstructed 12 Unit Multi-Residential building. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Gross Annual revenue $199,000. Annual Expenses $36k. With current Cap RATE of 6.8%. Projected Cap Rate at 8.5%. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Steps to Stellantis Chrysler Plant, close to Windsor Regional Hospital, 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. **EXTRAS** 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops. ALL UNITS ABOVE GROUND! (id:10317)

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Property Details
Status: For sale
Address: 1804 DROUILLARD ROAD, Windsor, N8W3X5
MLS: X12118121
Lot Size: 45 x 100 FT
Heating: Heat Pump, Electric
Cooling: Ventilation system, Wall unit
Water: Municipal water
Floor Space: 5000 - 100000
Lot Size: 45 x 100 FT
Exterior: Concrete, Brick
Basement: Finished, Partial
Agency: Courtesy of RIGHT AT HOME REALTY
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