$449,000

Investment For Sale In Walkerville, Windsor, Ontario

$449,000

Property Information:

Attention investors! Solid income-producing triplex offering excellent cash flow and future upside. The spacious main floor unit features 2 large bedrooms, a generous kitchen, dining room, and a 4-piece bath, with laundry, a shower, and a large unfinished storage area in the basement. The upper front unit offers 2 bedrooms, an eat-in kitchen, living room, and a 4-piece bath, while the upper rear bachelor unit includes its own kitchen and 3-piece bath. Additional features include a covered front porch, second-floor balcony, and a detached 1.5-car garage generating additional rental income. Current gross rental income is approximately $4,000/month, with tenants paying utilities except for 50% of the water and electricity for the bachelor unit. Low operating expenses and strong income make this an excellent opportunity for both new and experienced investors. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Exterior Finish: Brick
  • Flooring Type: Laminate, Flooring Type
  • Foundation Type: Block
  • Heating Type: Baseboard heaters, Forced air, Space Heater
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: 35 X 124
  • Zoning: RD2.2
  • Parking Type: Other
  • No. of Parking Spaces: 2

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Living 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Dining 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bathroom Lower Level Measurements not available
  • Laundry Lower Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Dining Main Level Measurements not available
  • Living Main Level Measurements not available
  • Kitchen Main Level Measurements not available

Courtesy of: REALTY ONE GROUP ICONIC BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.