A well-maintained, owner-managed, 11-unit apartment building in a high-demand rental area. Full brick. Close to the new Gordie Howe International Bridge and the University of Windsor. 5 - one-bedroom and 6 - two-bedroom units – appeals to a broad range of tenants. Significant upside potential in rental income, most units significantly below market rents. Key features include spacious units, rear parking for 11+ vehicles, coin-operated laundry for additional income Key Features: roof replaced 2 years ago, newer windows, owned hot water tanks. Fantastic CMHC financial options are available. One of the 2 bed units will be vacant as of May 1. See attachments for income and expense details. Current rents: $116,207. Market rents: $152,400
PROPERTY SPECS
Price $1,049,000
City Windsor, Ontario
Address 3503 SANDWICH
Listing ID 25007323
Construction Brick
Roof Asphalt Shingle
Flooring Ceramic or Porcelain, Laminate
Land Size 48.41 X 138.00 X IRREGULAR
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Subtype9 - 12 UnitInclusions11 STOVES, 11 FRIDGES, 1 WASHER, 1 DRYEROwnershipFreeholdBuilding AmenitiesLaundry Facility, Other, See Remarks, Public Transportation NearbyAppliancesDryer, Refrigerator, Stove, WasherFoundationBlockHeating / CoolingBaseboard HeatersHeating FuelElectricHot Water TankElectricUtility WaterMunicipal WaterSewerSanitaryDate ListedApr 2, 2025Days on Market4ParkingPaved