1804 Drouillard RD Active Save Request In-Person Tour Request Virtual Tour
Windsor,ON N8W 3X5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X9236147
Style 2-Storey
Bedrooms 9
Annual Tax Amount $6,096
Tax Year 2024
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.
Location
Province ON
County Essex
Rooms
Family Room No
Basement Finished,Partial Basement
Kitchen 12
Separate Den/Office 3
Interior
Interior Features Sump Pump,Upgraded Insulation,Ventilation System,Water Heater Owned,Water Meter,Separate Heating Controls
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage Available
Garage Spaces 5.0
Pool None
Waterfront No
Roof Type Flat
Parking Type None
Total Parking Spaces 5
Building
Unit Features Hospital,Public Transit,Rec./Commun.Centre,School Bus Route,School,Place Of Worship
Foundation Concrete
Others
Security Features Carbon Monoxide Detectors,Heat Detector,Security System,Smoke Detector