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Kelly Zhao

Sales Representative

  • Office (519) 972 3888
  • Cell (226) 280 2238
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2391 Cadillac, Windsor, Ontario – $349,900

  • $350k Price
  • $350k Price

2391 Cadillac

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, POTENTIAL ADDITIONAL INCOME WITH 3RD SHIFT (17 TENANTS = $595). THIS OPPORTUNITY OFFERS A 8.3% CAP RATE WITH ROOM FOR INCREASE, SEE INCOME/EXPENSE STATEMENT. A TRUE MONEY MAKER! 24 HR LTA RULES APPLY. (id:6289)

Essential Information

  • Listing #19014773
  • Price$349,900
  • Bathrooms0.00
  • TypeMulti-family
  • Sub-TypeFreehold

Community Information

  • Address2391 Cadillac
  • CityWindsor
  • ProvinceOntario
  • Postal CodeN8W3Y3

Amenities

  • ParkingOther

Interior

  • CoolingCentral air conditioning
  • # of Stories2

Heating

Natural gas Forced air, Furnace

Exterior

  • ExteriorBrick
  • FoundationBlock

Listing Details

Office

ROYAL LEPAGE BINDER REAL ESTATE - 649

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