1804 Drouillard RD new

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

Basement Finished,Partial Basement

Kitchen 12

Interior

Interior Features Sump Pump,Upgraded Insulation,Ventilation System,Water Heater Owned,Water Meter,Separate Heating Controls

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

Total Parking Spaces 5

Building

Foundation Concrete

Others

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