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431 Randolph Windsor, Ontario N9B 2T5

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Central Air Conditioning, Fully Air Conditioned Forced Air, Furnace

$499,933

WHAT A FANTASTIC FULLY FURNISHED INCOME PROPERTY GROSSING $49,500 WITH A NET INCOME OF $38,567, STEPS TO THE UNIVERSITY OF WINDSOR. FULLY RENOVATED TURN KEY INVESTMENT FEATURES 7 BEDROOM, 3 BATHROOMS, 2 KITCHENS, 2 LAUNDRY ROOMS INCLUDING A 2 BEDROOM IN-LAW SUITE IN THE LOWER LEVEL WITH FULL SPRINKLER SYSTEM. ALSO HAS A 1 CAR DETACHED GARAGE AND DOUBLE WIDE DRIVEWAY FOR 2 CARS + 3 PERMITS ALLOWED FOR STREET PARKING. OVER $80K IN RENOS SPENT JUST THIS PAST SUMMER, UPDATES INCLUDE NEW KITCHEN, 2 NEW BATHROOMS, NEW LAUNDRY ROOM, NEW FLOORING ON THE MAIN LEVEL, NEW PLUMBING, UPDATED WIRING, VINYL WINDOWS 10 YEARS OLD, RE-INSULATED 10 AGO, ROOF 8 YEARS OLD, FURNACE 6 YEARS OLD, BRAND NEW CENTRAL AIR. PRICE INCLUDES ALL APPLIANCES AND ALL FURNITURE. AMAZING CASHFLOW OF $1520/MONTH WITH 20% DOWN, CAP RATE 7.71%, CASH ON CASH RETURN 16.89%, DCR 1.9. (id:22529)

Property Details

MLS® Number 20014966
Property Type Multi-family
Neigbourhood University

Building

Amenities Laundry Facility
Constructed Date 1928
Cooling Type Central Air Conditioning, Fully Air Conditioned
Exterior Finish Aluminum/vinyl, Brick, Stucco
Fireplace Present No
Flooring Type Ceramic/porcelain, Hardwood
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air, Furnace
Stories Total 2
Type Duplex

Parking

Other 5

Land

Acreage No
Zoning Description Rd1.3

https://www.realtor.ca/real-estate/22574277/431-randolph-windsor