$1,199,000

1657-59 DROUILLARD ROAD

Windsor, Ontario N8Y2S4 · About Windsor

Listing brokerage: JUMP REALTY INC.

MLS® 26014031

Description

ATTENTION INVESTORS! EXCEPTIONAL OPPORTUNITY TO ACQUIRE A FULLY RENOVATED MIXED-USE BUILDING FEATURING 5 TOTAL UNITS, INCLUDING 2 COMMERCIAL UNITS AND 3 RESIDENTIAL UNITS. THIS PROPERTY HAS BEEN COMPLETELY REBUILT WITH BRAND NEW ROOF, HVAC, PLUMBING, ELECTRICAL, AND A FULLY PAID-OFF SECURITY SYSTEM, PROVIDING A TRUE TURN-KEY INVESTMENT OPPORTUNITY. THE 3 RESIDENTIAL UNITS ARE MOVE-IN READY AND INCLUDE BRAND NEW APPLIANCES, SEPARATE IN-SUITE LAUNDRY, MODERN FINISHES, AND INDIVIDUAL ELECTRIC METERS. THE BUILDING FEATURES A TOTAL OF 5 SEPARATE ELECTRIC METERS, OFFERING EFFICIENT UTILITY MANAGEMENT AND REDUCED LANDLORD EXPENSES. ALL WORK HAS BEEN COMPLETED WITH CITY PERMITS, OFFERING PEACE OF MIND AND CONFIDENCE IN THE QUALITY OF CONSTRUCTION. THIS IS ESSENTIALLY A BRAND-NEW BUILDING WITH MINIMAL FUTURE CAPITAL EXPENDITURES EXPECTED. PROJECTED TO GENERATE OVER $9,000 PER MONTH IN GROSS RENTAL INCOME, THIS PROPERTY OFFERS STRONG CASH FLOW POTENTIAL AND IS IDEAL FOR INVESTORS. AVAILABLE FOR OFFERS AS THEY COME. https://youriguide.com/1657_59_drouillard_rd_windsor_on/ (id:50861)

Property details

Property type: Industrial
Lot size: 41.16 X 89.34 / 0.084 AC
Year built: 1960
Heating: Heat Pump, Baseboard heaters, Natural gas
Cooling: Central air conditioning, Heat Pump
MLS® number: 26014031

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Listed by: JUMP REALTY INC.. 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.