442-48 Askin Windsor, Ontario N9B 2X4
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$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 | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| 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 | ||
| Main Level | Kitchen | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Kitchen | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Bedroom | Measurements not available |
https://www.realtor.ca/real-estate/24552749/442-48-askin-windsor
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 18 2022 01:06:34
Windsor-Essex County Association of REALTORS®
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