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581 Cataraqui Street Windsor, Ontario

PROPERTY INFO

FULLY RENTED, HEAVILY RENOVATED 18-UNIT GEM IN CENTRAL WINDSOR. This well maintained multi-family property features 15 one-bedroom units and 3 two-bedroom units. Offering a mix of desirable layouts for tenants. Situated in a prime location. It's within walking distance of all major amenities, including Caesars Casino, Downtown Windsor, and Little Italy. Highlights: $50,000 in recent renovations Assumptions for vacancy, maintenance and management at 5% of gross income, which is conservative based on actuals. Strong 6% cap rate. Solid cash flow figures available upon request. Don't miss out on this turn-key investment opportunity in a highly desirable location!!

PROPERTY SPECS

Price $3,250,000
City Windsor, Ontario
Address 581 CATARAQUI Street
Listing ID 25002438
Construction Brick
Roof Tar & Gravel
Flooring Carpeted, Hardwood or Engineered Hrwd, Mixed Flooring
Garage 1
Land Size 51.96' X 81.08'
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Subtype Over 12 Units Acreage 0.099 Ownership Freehold Building Amenities Fence, Laundry Facility, Public Transportation Nearby Foundation Block Heating / Cooling Baseboard Heaters, Boiler, Steam Radiator Heating Fuel Natural Gas Hot Water Tank Gas Utility Water Municipal Water Sewer Sanitary Date Listed Feb 7, 2025 Days on Market 15
Grocery Stores
Schools
Banks
Restaurants
Health
Parks
Entertainment
Transit
Fire Station
Police



REQUEST MORE INFORMATION

Listing Agent:  MARK BLOOMFIELD

Listing Agency:  ROYAL LEPAGE BINDER REAL ESTATE - 640

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