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Property at 1804 DROUILLARD ROAD image 1
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40

$2,399,990

1804 DROUILLARD ROAD
Windsor, Ontario, Ontario, N8W3X5

MLS® Number: X12118121
Listed 12 days ago
12 12

Property description

Reconstructed 12 Unit Multi-Residential building. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Gross Annual revenue $199,000. Annual Expenses $36k. With current Cap RATE of 6.8%. Projected Cap Rate at 8.5%. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Steps to Stellantis Chrysler Plant, close to Windsor Regional Hospital, 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. **EXTRAS** 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops. ALL UNITS ABOVE GROUND!

Building information

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Second level

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Courtesy of RIGHT AT HOME REALTY

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