1804 Drouillard RD Active

Windsor,ON N8W 3X5

$ 2399990

12 Beds

12 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID X12118121

Style 2-Storey

Bedrooms 12

Annual Tax Amount $8,880

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Reconstructed 12 Unit Multi-Residential building. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Gross Annual revenue $199,000. Annual Expenses $36k. With current Cap RATE of 6.8%. Projected Cap Rate at 8.5%. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Steps to Stellantis Chrysler Plant, close to Windsor Regional Hospital, Ceasers Palace, Detroit-Windsor Tunnel. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. **EXTRAS** 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops. ALL UNITS ABOVE GROUND!

Location

Province ON

County Essex

Area Essex

Rooms

Kitchen 12

Interior

Cooling Wall Unit(s)

Inclusions 4 Owned Gas Hot Water Tanks, 14 (PTACs) Packaged Terminal Air Conditioners, Coin - Op Laundry Washer & Dryer, Sump Pumps, Camera System, Door Security System, Fire Alarm Panel & System, 2 Water Booster Pumps

Exterior

Parking Features None

Pool None

Roof Type Flat

Building

Foundation Concrete

Others

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