1250-1260 OUELLETTE Avenue - $5,800,000

  
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Property Specs:

Price$5,800,000
CityWindsor, Ontario
Address1250-1260 OUELLETTE Avenue
Listing ID24007719
ConstructionBrick
RoofAsphalt
FlooringMixed Flooring
Land Size100.47 x 207+
TypeMulti-Family
StatusFor Sale

Extended Features:

Subtype Over 12 Units Acreage 0.500 Ownership Freehold Building Amenities Laundry Facility, Public Transportation Nearby, Shopping Area Appliances Dryer, Refrigerator, Stove, Washer Foundation Block Heating / Cooling Boiler Heating Fuel Natural Gas Hot Water Tank Gas Utility Water Municipal Water Sewer Sanitary

Listing Agent:  JESSICA SPITERI

Listing Agency:  JUMP REALTY INC.

DETAILS

Introducing the Iconic Paramount Building at Giles & Ouellette in Windsor! Add 34 units to your real estate investment portfolio with a mix of 1 & 2 bedroom units and onsite laundry. Positioned on ½ an acre of valuable land, 1250-1260 Ouellette offers abundant parking with room for future expansion. Prime A+ location with a high walking score providing low vacancy & demand for rentals. Walking distance to parks, pharmacy, grocery, Tim Hortons, amenities and services. Situated on a bus route and steps from Windsor Regional Hospital. This impressive building is almost fully tenanted and professionally managed. Separately metered for hydro with an opportunity to improve current rents as tenants turn over. Updates include newer Roofs (2020/2022), Boiler #1(2015), Boiler #2(Rebuilt 2024), Common Areas, Laundry Machines & Unit Renovations. Income & Expenses available upon request. CURRENT NOI 271K!


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