555-573 TUSCARORA - $535,000.00

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Property Specs:

Price$535,000.00
CityWindsor, ON
Address555-573 TUSCARORA
Listing ID19018929
FlooringLaminate
ParkingOther
Land Size79.99 X 31.50
TypeFourplex
StatusFor sale

Extended Features:

Equipment: Water Heater - GasOwnership: FreeholdRental Equipment: Water Heater - GasFoundation: BlockHeating: Forced airHeating Fuel: Natural gas

Details:

$48K + YEARLY INCOME WITH SEPARATE HYDRO, GAS AND WATER METERS. NEW TORCH ON MEMBRAIN LOW SLOPE ROOF 2018, 4 NEWER ENERGY EFFICIENT FORCED AIR FURNACES AND MANY OTHER UPGRADES. ASKING PRICE YEILDS A CAP RATE OF 6.99%. ALL FOUR UNITS ARE UP AND DOWN 2 LEVELS WITH 2 BEDROOMS, 1 BATHROOM AND A BASEMENT W/ LAUNDRY ROOM. 2 BASEMENTS ARE PARTLY FINISHED. INCLUDES 4X FRIDGE, 4X STOVE, 4X WASHER, 4X DRYER. 2 MONTH TO MONTH TENANTS AND THE OTHER UNITS ARE ON 12 MONTH LEASES. GREAT DOWNTOWN LOCATION W/ WALKING DISTANCE TO UNIVERSITY, COLLEGE CAMPUS, DETROIT RIVER, CASINO, BUS ROUTE. SELLER IS OPEN TO RENTING THE 2 VACANT UNITS AS A CONDITION. REQUEST INCOME, EXPENSE STATEMENT. PROFESSIONALLY MANAGEMENT CONTRACT CAN BE CANCELLED OR ASSUMED W/ 3 MONTHS FREE MANAGEMENT. (id:4555)


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LISTING OFFICE:
FlatPrice Real Estate Brokerage

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