$2,895,000

1804 Drouillard Rd

, Windsor, Ontario, N8W 3X5

| 12  | | 5,000 sq.ft. |
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BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Bank Appraisal at $3.1M. Selling BELLOW Appraised value! Gross Annual revenue around $200k with current Cap Rate of 5.7%. Projected Cap Rate at 7.2% in Year 2026. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Add this Brand-New Turn-Key 12 Unit Multi-Family Property to your real estate investment portfolio. Steps to Stellantis Chrysler Plant, McDonalds, Tim Hortons, Burger King, close to Windsor Regional Hospital, Stellantis Battery Plant, Metro Grocery, 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. Financial Information Available.

Property Info
MLS®: X9236147
Listing Courtesy of RIGHT AT HOME REALTY
Total Bedrooms 9
Total Bathrooms 12
Basement Part Bsmt
Floor Space 5000 sq.ft.
Lot Size 4500 sq.ft.
Style 2-Storey
Last Updated 2024-08-01
Property Type Multiplex
Listed Price $2,895,000
Unit Pricing $579/sq.ft.
Strata Fee $
Tax Estimate $6,096/Year
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