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 (id:61852)
MLS® Number | X12118124 |
Property Type | Multi-family |
Neigbourhood | East Windsor |
AmenitiesNearBy | Public Transit |
Features | Carpet Free |
ParkingSpaceTotal | 15 |
Structure | Deck, Patio(s), Porch |
ViewType | View Of Water, City View |
WaterFrontType | Waterfront |
BathroomTotal | 11 |
BedroomsAboveGround | 9 |
BedroomsBelowGround | 6 |
BedroomsTotal | 15 |
Appliances | Dryer, Water Heater, Alarm System, Washer |
CoolingType | Central Air Conditioning |
ExteriorFinish | Brick |
FireProtection | Smoke Detectors |
FoundationType | Block |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 5000 - 100000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
LandAmenities | Public Transit |
Sewer | Sanitary Sewer |
SizeDepth | 102 Ft |
SizeFrontage | 80 Ft |
SizeIrregular | 80 X 102 Ft |
SizeTotalText | 80 X 102 Ft |
SurfaceWater | River/stream |
Sewer | Installed |
https://www.realtor.ca/real-estate/28246462/279-drouillard-road-windsor
Contact us for more information
Jack Sidhu
Salesperson