1804 DROUILLARD ROAD, WINDSOR

2024-08-01
 

Quick Summary

Location
1804 DROUILLARD ROAD, WINDSOR, Ontario N8W3X5
Price
$2,895,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
4999ft2
Bedrooms:
9 bed +3
Bathrooms:
12
Video Link:

MLS®#X9236147

Property Description

BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Bank Appraisal at $3.1M. Selling BELLOW Appraised value! Gross Annual revenue around $200k with current Cap Rate of 5.7%. Projected Cap Rate at 7.2% in Year 2026. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Add this Brand-New Turn-Key 12 Unit Multi-Family Property to your real estate investment portfolio. Steps to Stellantis Chrysler Plant, McDonalds, Tim Hortons, Burger King, close to Windsor Regional Hospital, Stellantis Battery Plant, Metro Grocery, 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. Financial Information Available. **** EXTRAS **** All 12 Units Above Ground! 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Hospital, Public Transit, Schools, Place of Worship

Building

  • Amenities: Separate Heating Controls
  • Appliances: Water Heater, Water meter
  • Basement Development: Finished
  • Basement Type: Partial (Finished)
  • Cooling Type: Wall unit, Ventilation system
  • Exterior Finish: Brick, Concrete
  • Fireplace: No
  • Interior Size: 4999.958 - 99999.6672 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Sump Pump

Land

  • Land Size: 45 x 100 FT
  • Sewer: Sanitary sewer

Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2024-10-01 22:09:02


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Learn more about the One Percent Realty Deal

 

Laurie Arruda Salesperson

Phone:
5199194773
Email:
lauriearruda1@gmail.com
Support Area:
Windsor, Essex County, Chatham-Kent

A Real Estate professional in the Windsor – Essex County and surrounding areas for the last 17 yea ...

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LEI SHEN Salesperson

Phone:
5199916547
Email:
shenlei0717@gmail.com
Support Area:
Windsor and Essex country

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Jenny Jin REALTOR

Phone:
5198009977
Email:
citywindsorhomes@gmail.com
Support Area:
Windsor Essex County

Hello, I'm Jenny Jin, I am a long time resident in Windsor city, a very beautiful, friendly and ...

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