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442-48 Askin Windsor, Ontario N9B 2X4

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12 Bedroom 6 Bathroom
Central Air Conditioning Forced Air, Furnace

$1,169,000

An EXCELLENT investment opportunity - fully occupied 12 bedroom, 6 bathrooms, 4 kitchens, 4 laundries. 5-minute walk to U of Windsor campus always fully rented. Well-maintained, updated kitchens, bathrooms, and electrical. This highly-profitable property generates $90,000 in revenue with a net profit over $64,000 with a rent-increase due this year making potential net profit of over $78,000. Asking price represents a cap rate over an impressive 6.5%. Cash flows positive at 30% down and 5% interest rate. (id:22529)

Property Details

MLS® Number 22013681
Property Type Single Family
Equipment Type Air Conditioner, Furnace
Features Side Driveway
Rental Equipment Type Air Conditioner, Furnace

Building

Bathroom Total 6
Bedrooms Above Ground 10
Bedrooms Below Ground 2
Bedrooms Total 12
Construction Style Attachment Semi-detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum/vinyl, Brick
Flooring Type Ceramic/porcelain, Hardwood
Foundation Type Block
Half Bath Total 2
Heating Fuel Natural Gas
Heating Type Forced Air, Furnace
Stories Total 3
Type Duplex

Parking

Garage

Land

Acreage No
Size Irregular 50x138.75 Ft
Size Total Text 50x138.75 Ft
Zoning Description Rd2.1

Rooms

Level Type Dimensions
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Lower Level 4pc Bathroom Measurements not available
Lower Level 4pc Bathroom Measurements not available
Lower Level Bedroom Measurements not available
Lower Level Kitchen Measurements not available
Lower Level Kitchen Measurements not available
Main Level 2pc Bathroom Measurements not available
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Main Level Bedroom Measurements not available
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https://www.realtor.ca/real-estate/24552749/442-48-askin-windsor