2391 CADILLAC

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Property Information:

Price$399,900.00
CityWindsor, ON
Bed / Bath4 / 2 Full
Address2391 CADILLAC
Listing ID18007658
ConstructionBrick
FlooringHardwood
ParkingNone
Land Size120X76
StatusFor sale

Extended Features:

Ownership: FreeholdFoundation: BlockHeating: Forced airHeating Fuel: Natural gas

Details:

ATTENTION INVESTORS! INCREDIBLE OPPORTUNITY TO GAIN INCOME FROM THIS EXTENSIVELY UPDATED DUPLEX & LARGE PARKING LOT USED BY CHRYSLER EMPLOYEES! UPPER & LOWER DUPLEX BOTH FEATURE SPACIOUS 2 BEDROOMS, 1 FULL BATH AND SHARED BASEMENT WITH LAUNDRY RM & STORAGE. UPPER UNIT UPDATES: NEW WASHROOM, NEW KITCHEN, NEW FLOOR WATERPROOF, NEW FRONT DECK, NEW LED LIGHT FIXTURES, PAINTED THROUGHOUT, RENO'D BACK STAIRCASE. EXTERIOR: NEWER ROOF, BASEMENT PAINTED, EXTERIOR BASE WALL PAINTED, NEW A/C UNIT W/ ECOBEE SYSTEM (MONITOR/ADJUST FURNACE & A/C REMOTELY), GROUNDS MAINTENANCE. MAIN UNIT PAYS $975, UPPER PAYS $1,200, UTILITIES INCLUDED (BOTH UNITS ON SIGNED LEASES). 37 PARKING TENANTS @ $35/MONTH = ADDITIONAL $1,295/MONTH, POTENTIAL ADDITIONAL INCOME WITH 3RD SHIFT (17 TENANTS = $595). THIS OPPORTUNITY OFFERS A 7.5% CAP RATE WITH ROOM FOR INCREASE, SEE INCOME/EXPENSE STATEMENT. A TRUE MONEY MAKER! 24 HR LTA RULES APPLY. (id:4555)

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About Windsor

Windsor is the southernmost city in Canada and is located in Southwestern Ontario at the western end of the heavily populated Quebec City–Windsor Corridor.

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