Property Info
Located in windsor’s historic and evolving ford city district, this fully rented 4-unit brick building offers a solid 7% cap rate with annual net income of approx. $8,469 before taxes. With tenant turnover underway, projected rents bring the potential cap rate up to 8. 6%, boosting future cash flow. Set on a low-maintenance corner lot directly across from a recreation center and steps from public transit, this property combines community accessibility with ease of management. Units are separately metered for hydro no gas in the building, offering flexibility and lower overhead for investors. 3 units are 2 bedrooms and 1 unit is a 3 bedroom. Landlord pays water for the entire building. See attached documents for the financials. Whether you're adding to your portfolio or entering the multifamily market, this income-generating property delivers steady returns with room to grow. All showings must be at least 24 hrs notice. (id:4555)
Property Specs
Listing ID25005711
Address1195-97 DROUILLARD ROAD
CityWindsor, ON
Price$598,800
ConstructionAluminum/Vinyl, Brick
FlooringCeramic/Porcelain, Laminate
Land Size30 X 91
TypeFourplex
StatusFor sale
Extended Features
Ownership FreeholdFoundation BlockHeating Baseboard heatersHeating Fuel Electric Date Listed 2025-03-13 20:01:56Days on Market 217
Maggie Chen

Maggie Chen

Broker of Record
519.919.2398
Request More Information
LISTING OFFICE:
Manor Realty Ltd. Brokerage, Sadi Greco

Contact Maggie

Loading...