Unique Opportunity to Obtain a 5-Unit Building in prime Rental Location. This two-story property comprises 4 - 1 bedroom unit and 1 - commercial unit, yielding an impressive annual rental income of $112,800. Currently, each residential unit rented for $850+utilities per month, with the potential for a market rent increase to $1,100+utilities(vacant possession possible). The commercial unit rented for $4,500/month. The garage/storage space, presently unoccupied, was formerly leased for $1,500/month. With a CD2.2 zoning, this property offers substantial potential to amplify income by adding a multiunit building at the rear. A true gem for both investors and builders, this property represents an enticing opportunity. contact us today to schedule an appointment! (id:53998)
MLS® Number | 23023073 |
Property Type | Multi-family |
Exterior Finish | Brick |
Flooring Type | Laminate |
Foundation Type | Block |
Heating Fuel | Electric, Natural Gas |
Heating Type | Baseboard Heaters, Forced Air, Furnace |
Stories Total | 2 |
Type | Multi-family |
Other | 8 |
Acreage | No |
Size Irregular | 62.91 X Irreg |
Size Total Text | 62.91 X Irreg |
Zoning Description | Cd2.2 |
https://www.realtor.ca/real-estate/26277643/3689-sandwich-windsor
Contact us for more information
Ankit Beladiya
Sales Person
(866) 530-7737
(866) 530-7737
Sudip Sorathiya
Sales Person
(866) 530-7737
(866) 530-7737