581 Cataraqui St - Apartments FOR SALE


Windsor, ON N9A 3P2
$2,400,000 CAD
519-972-5000
581 Cataraqui St, Windsor, ON for Sale
$2,400,000 CAD
Apartments - FOR SALE
1/24
null | 6.15% Cap Rate

581 Cataraqui St
Windsor, ON N9A 3P2


OVERVIEW

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 .Solid cash flow figures available upon request. Don't miss out on this turn-key investment opportunity in a high traffic location!! (id:56241)

FOR SALE DETAILS

PRICE

$2,400,000 CAD

PRICE/SF

$197 CAD /SF

# OF UNITS

18

PRICE/UNIT

$133,333

CAP RATE

6.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,312 SF

ZONING

RD3.1

APN/PARCEL ID

373903014002900

ASK ABOUT THIS PROPERTY

Mark BloomfieldROYAL LEPAGE BINDER COMMERCIAL REAL ESTATEMore Info
519-972-5000

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Mark BloomfieldROYAL LEPAGE BINDER COMMERCIAL REAL ESTATEMore Info
519-972-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.