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$ 700,000
Est. payment /mo
New
2269-71 Howard AVE Windsor, ON N8X 3V2
6 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Windsor
MLS Listing ID X13757632
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,819
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Invest In A Turnkey, Cash-Flowing Fourplex In The Heart Of Central Windsor! Featuring Four Self-Contained 1-Bedroom, 1-Bathroom Units, Each With Its Own Living Room, Kitchen And Upgraded Appliances. Current Rents Are Unit 1: $1,150 + $50 Wi-Fi, Unit 2: $1,435, Unit 3: $1,435 + $50 Wi-Fi And Unit 4: $1,435 + $50 Wi-Fi. With The Vacant Lower-Level 2-Bedroom, 1-Bathroom In-Law Suite At An Estimated $1,500/Month, Projected Total Income Is $7,155/Month / $85,860 Annually, With A Projected NOI Of $69,506 And Nearly 10% Pro Forma Cap Rate.The Renovated Lower-Level Walkout Features Its Own Kitchen And Living Room, Offering Additional Rental Upside Or The Flexibility To Occupy The Space. Shared Pay-Per-Use Laundry Provides An Additional Revenue Stream.Ideally Located Near Devonshire Mall, Transit, Shopping, E.C. Row Expressway, Highway 401, Downtown Windsor And The USA Border. Features Include 4-5 Rear Parking Spaces, Exterior PVR Security Cameras, 4 Hydro Meters, 2 Owned Hot Water Tanks And An Owned Furnace. Recent Improvements Include Roof Upgrades And A New Exterior Deck Completed In 2024. A Well-Maintained Income Property Offering Strong Cash Flow, Rental Upside And Excellent Investment Potential. Don't Miss The Opportunity To Add This Turnkey Income-Producing Property To Your Portfolio!
Location
Province ON
County Essex
Area Essex
Rooms
Family Room Yes
Basement Finished with Walk-Out
Kitchen 5
Interior
Interior Features Carpet Free, In-Law Suite, Separate Hydro Meter, Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck, Porch
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 37.25
Lot Depth 96.59
Total Parking Spaces 4
Building
Unit Features Public Transit
Foundation Unknown
Others
Security Features Security System
ParcelsYN No
Listed by RE/MAX MILLENNIUM REAL ESTATE
Nearby Locations
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