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442-48 Askin Windsor, Ontario N9B 2X4

12 Bedroom 6 Bathroom
Central Air Conditioning Forced Air, Furnace

$1,199,000

An EXCELLENT investment opportunity - fully occupied 12 bedroom, 6 bathrooms, 4 kitchens, 4 laundries. Located a short 5 -minute walk to U of Windsor campus in two directions this property has stayed fully rented consistently. 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%. Alley behind allows for expansion and current zoning would permit additional uses as well. Buyer is responsible for making their inquiries regarding permitted uses. See information sheet in listing or ask listing agent to send. (id:38882)

Property Details

MLS® Number 22006227
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
Fireplace Present No
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
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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/24188541/442-48-askin-windsor

Interested?

Contact us for more information


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Lawrence Lavender, M.c.d., J.d.
Broker

(519) 903-5291
(519) 972-3898
www.facebook.com/lavenderrealty
ca.linkedin.com/pub/lawrence-lavender/15/b72/1ba

Lc Platinum Realty Inc. - 525
2518 Ouellette
Windsor, Ontario N8X 1L7

(519) 972-3888
(519) 972-3898
lcplatinumrealty.com

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