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961 OUELLETTE AVENUE
Description
Cash cow in the heart of Windsor! Welcome to 961 Ouellette, the perfect addition to your real estate portfolio. Featuring 4 units with a total of 9 bedrooms and a bachelor suite on the top floor. Main floor boasts a 2 bedroom commercial unit that currently shows as a residential. Zoned Commercial 3.2 that allows uses such as offices, restaurant and retail; endless possibilities to make your business ideas come to life! Live, work and thrive in this dynamic multi family & commercial property! Second floor offers - 4 bedroom unit w/ separate entrance and the recently finished & renovated lower level features another 3 bedroom unit. All 4 units have separate electrical panels and their own. This brick building is fenced in and comes with 10+ parking spots. 3 out of 4 are tenated! Income potential is over $112,000 annually offering a very lucrative cap rate. Cash in and start cashing out right away with your new investment. Call listing agent to make this place yours! (id:50861)
Property details
- Property type
- Single Family
- Building type
- House
- Lot size
- 50 X / 0.121 AC
- Heating
- Heat Pump, Forced air, Natural gas, Furnace
- Cooling
- Central air conditioning, Heat Pump
- MLS® number
- 26012898
Mortgage calculator
Estimate only, using Canadian semi-annual compounding. Excludes property tax, home insurance and mortgage default insurance (required with less than 20% down). Talk to a lender for an exact quote. More calculators: insurance, affordability, land transfer tax →
Location
Listed by: REMAX CARE REALTY. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.