Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$700,000
Available - For Sale
Listing ID: X13757632
2269-71 Howard Avenue , Windsor, N8X 3V2, Essex
| 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! |
| Price | $700,000 |
| Taxes: | $4819.00 |
| Occupancy: | Tenant |
| Address: | 2269-71 Howard Avenue , Windsor, N8X 3V2, Essex |
| Acreage: | < .50 |
| Directions/Cross Streets: | Howard Ave & Logan Ave |
| Rooms: | 16 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 16.17 | 11.09 | Hardwood Floor |
| Room 2 | Main | Bedroom | 11.09 | 8.76 | Hardwood Floor |
| Room 3 | Main | Bathroom | 5.35 | 5.15 | 3 Pc Bath |
| Room 4 | Main | Kitchen | 11.09 | 11.58 | Stainless Steel Appl |
| Room 5 | Main | Living Ro | 12.66 | 12.4 | Hardwood Floor |
| Room 6 | Main | Bedroom 2 | 12.07 | 10.17 | Hardwood Floor |
| Room 7 | Main | Bathroom | 8 | 5.9 | 3 Pc Bath |
| Room 8 | Main | Kitchen | 6.49 | 10.99 | Stainless Steel Appl |
| Room 9 | Second | 12.76 | 11.41 | Hardwood Floor | |
| Room 10 | Second | 11.41 | 9.25 | Hardwood Floor | |
| Room 11 | Second | 8.17 | 5.9 | 3 Pc Bath | |
| Room 12 | Second | 12.76 | 10.23 | Stainless Steel Appl | |
| Room 13 | Second | 12.23 | 15.74 | W/O To Deck, Hardwood Floor | |
| Room 14 | Second | 9.15 | 10.43 | Hardwood Floor | |
| Room 15 | Second | 5.74 | 5.35 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 3 | Second |
| Washroom Type 4 | 3 | Second |
| Washroom Type 5 | 3 | Basement |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick, Aluminum Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Public Trans |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX MILLENNIUM REAL ESTATE |
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|
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Essex |
| Municipality: | Windsor |
| Neighbourhood: | Windsor |
| Style: | 2-Storey |
| Tax: | $4,819 |
| Beds: | 6 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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