Property Information:

Invest In A Turnkey, Cash-Flowing Fourplex In The Heart Of Central Windsor! Featuring Four Self-Contained 1-Bedroom, 1-Bathroom Units, Each With Its Own Living Room, Kitchen And Upgraded Appliances. Current Rents Are Unit 1: $1,150 + $50 Wi-Fi, Unit 2: $1,435, Unit 3: $1,435 + $50 Wi-Fi And Unit 4: $1,435 + $50 Wi-Fi. With The Vacant Lower-Level 2-Bedroom, 1-Bathroom In-Law Suite At An Estimated $1,500/Month, Projected Total Income Is $7,155/Month / $85,860 Annually, With A Projected NOI Of $69,506 And Nearly 10% Pro Forma Cap Rate.The Renovated Lower-Level Walkout Features Its Own Kitchen And Living Room, Offering Additional Rental Upside Or The Flexibility To Occupy The Space. Shared Pay-Per-Use Laundry Provides An Additional Revenue Stream.Ideally Located Near Devonshire Mall, Transit, Shopping, E.C. Row Expressway, Highway 401, Downtown Windsor And The USA Border. Features Include 4-5 Rear Parking Spaces, Exterior PVR Security Cameras, 4 Hydro Meters, 2 Owned Hot Water Tanks And An Owned Furnace. Recent Improvements Include Roof Upgrades And A New Exterior Deck Completed In 2024. A Well-Maintained Income Property Offering Strong Cash Flow, Rental Upside And Excellent Investment Potential. Don't Miss The Opportunity To Add This Turnkey Income-Producing Property To Your Portfolio! (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Amenities: Separate Hydro Meters
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Brick, Aluminum siding
Fire Protection: Security system
Floor Space: 2000 - 2500 sqft
Flooring Type: Hardwood
Foundation Type: Unknown
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 5
Amenities Nearby: Public Transit
Features: Carpet Free
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 96.6 Feet
Lot Frontage: 37.2 Feet
Lot Size: 37.3 x 96.6 FT
Structure Type: Deck, Porch
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

Living Main Level 4.93 m x 3.38 m
Bedroom Main Level 3.38 m x 2.67 m
Bathroom Main Level 1.63 m x 1.57 m
Kitchen Main Level 3.38 m x 3.53 m
Living Main Level 3.86 m x 3.78 m
2nd Bedroom Main Level 3.68 m x 3.10 m
Bathroom Main Level 2.44 m x 1.80 m
Kitchen Main Level 1.98 m x 3.35 m

Convert Measurement to:

Courtesy of: RE/MAX MILLENNIUM REAL ESTATE

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Demographic Information of 2269-71 HOWARD AVENUE, Windsor, Ontario, N8X 3V2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,627.64

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.8 %

High school certificate or equivalent

39.74 %

Apprenticeship trade certificate/diploma

4.45 %

College/non-university certificate

24.29 %

University Degree

10.73 %

Commuter

Travel To Work

By Car

88.48 %

By Public Transit

7.42 %

By Walking

2.29 %

By Bicycle

0.0 %

By Other Methods

1.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.66 %

Houses

66.34 %

2269-71 HOWARD AVENUE, Windsor, Ontario, N8X 3V2