David J Binder

REALTOR®

(226) 346-7459

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581 CATARAQUI STREET, Windsor, Ontario

$3,250,000

FULLY RENTED, HEAVILY RENOVATED 18-UNIT GEM IN CENTRAL WINDSOR. This well maintained multi-family property features 15 one-bedroom units and 3 two-bedroom units. Offering a mix of desirable layouts for tenants. Situated in a prime location. It's within walking distance of all major amenities, including Caesars Casino, Downtown Windsor, and Little Italy. Highlights: $50,000 in recent renovations Assumptions for vacancy, maintenance and management at 5% of gross income, which is conservative based on actuals. Strong 6% cap rate. Solid cash flow figures available upon request. Don't miss out on this turn-key investment opportunity in a highly desirable location!! (id:56241)

Listing ID: 25002438
Property Type: Multi-family

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Details

Equipment: Water Heater - Gas
Ownership: Freehold
Rental Equipment: Water Heater - Gas
Transaction: For sale
Zoning Description: RD 3.1

Building

Amenities: Laundry Facility
Exterior Finish: Brick
Fireplace Present: False
Flooring: Carpeted, Hardwood, Mixed Flooring
Foundation: Block
Heating: Baseboard heaters, Boiler, Steam radiator
Heating Fuel: Natural gas
Stories Total: 3.5

Land

Size Irregular: 51.96' X 81.08'

Listing provided by ROYAL LEPAGE BINDER REAL ESTATE - 640
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 581 CATARAQUI STREET in Windsor Ontario. It was last modified on February 10th, 2025. Contact David J. Binder to schedule a viewing or to discover other Windsor real estate for sale.

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