Discover the potential in this renovated multi-residential property featuring a 6-unit multiplex at the front and a separate detached house at the rear. With 5 of the 7 units currently vacant, and the possibility to convert into an 8 unit property, this is a rare chance for a new owner to set their own market rents and maximize cash flow from day one. There are 2 additional 4-piece washrooms in the basement. Over $100,000 in recent renovations have already been completed, offering peace of mind and minimizing upfront capital expenditures. The property is ideal for investors seeking strong rental income, future appreciation, portfolio or step into the world of multi-unit investing, this property has tremendous upside potential. With so much already done and so much more possible, don't miss this unique opportunity. |
Price | $949,000 |
Taxes: | $3496.43 |
Occupancy: | Tenant |
Address: | 945-951 Wellington Aven , Windsor, N9A 5K2, Essex |
Directions/Cross Streets: | College Ave & Wellington Ave |
Rooms: | 29 |
Bedrooms: | 8 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Apartment |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 3 | Main |
Washroom Type 3 | 4 | Second |
Washroom Type 4 | 3 | Second |
Washroom Type 5 | 3 | Third |
Total Area: | 0.00 |
Approximatly Age: | 51-99 |
Property Type: | Multiplex |
Style: | 3-Storey |
Exterior: | Aluminum Siding, Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Available |
Drive Parking Spaces: | 3 |
Park #1 | |
Parking Type: | Available |
Park #2 | |
Parking Type: | Available |
Pool: | None |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 2500-3000 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Septic |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CIRCLE REAL ESTATE |
|
Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Essex |
Municipality: | Windsor |
Neighbourhood: | Dufferin Grove |
Style: | 3-Storey |
Approximate Age: | 51-99 |
Tax: | $3,496.43 |
Beds: | 8 |
Baths: | 5 |
Fireplace: | N |
Pool: | None |