2391 CADILLAC - $324,900.00

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Property Specs:

Price$324,900.00
CityWindsor, ON
Address2391 CADILLAC
Listing ID19019827
ConstructionBrick
FlooringHardwood, Laminate
ParkingOther
TypeDuplex
StatusFor sale

Extended Features:

Equipment: Water Heater - GasOwnership: FreeholdRental Equipment: Water Heater - GasBuilding Amenities: Laundry FacilityCooling: Central air conditioningFoundation: BlockHeating: Forced airHeating Fuel: Natural gas

Details:

ATTENTION INVESTORS! INCREDIBLE OPPORTUNITY TO GAIN INCOME FROM THIS EXTENSIVELY UPDATED DUPLEX & LARGE PARKING LOT USED BY CHRYSLER EMPLOYEES! UPPER & LOWER DUPLEX BOTH FEATURE SPACIOUS 2 BEDROOMS, 1 FULL BATH AND SHARED BASEMENT WITH LAUNDRY RM & STORAGE. UPPER UNIT UPDATES: NEW WASHROOM, NEW KITCHEN, NEW FLOOR WATERPROOF, NEW FRONT DECK, NEW LED LIGHT FIXTURES, PAINTED THROUGHOUT, RENO'D BACK STAIRCASE. EXTERIOR: NEWER ROOF, BASEMENT PAINTED, EXTERIOR BASE WALL PAINTED, NEW A/C UNIT W/ ECOBEE SYSTEM (MONITOR/ADJUST FURNACE & A/C REMOTELY), GROUNDS MAINTENANCE. MAIN UNIT PAYS $975, UPPER PAYS $1,200, UTILITIES INCLUDED (BOTH UNITS ON SIGNED LEASES). 37 PARKING TENANTS @ $35/MONTH = ADDITIONAL $1,295/MONTH, THIS PROPERTY HAS A NET INCOME OF $29,263, WHICH OFFERS A 9% CAP RATE WITH ROOM FOR INCREASE, SEE INCOME/EXPENSE STATEMENT. A TRUE MONEY MAKER! 24 HR LTA RULES APPLY. (id:4555)


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LISTING OFFICE:
Royal LePage Binder Real Estate

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