442-48 Askin Windsor, Ontario N9B 2X4
$1,199,000
An EXCELLENT investment opportunity - fully occupied 12 bedroom, 6 bathrooms, 4 kitchens, 4 laundries. Located a short 5 -minute walk to U of Windsor campus in two directions this property has stayed fully rented consistently. Well-maintained, updated kitchens, bathrooms, and electrical. This highly-profitable property generates $90,000 in revenue with a net profit over $64,000 with a rent-increase due this year making potential net profit of over $78,000. Asking price represents a cap rate over an impressive 6.5%. Alley behind allows for expansion and current zoning would permit additional uses as well. Buyer is responsible for making their inquiries regarding permitted uses. See information sheet in listing or ask listing agent to send. (id:37629)
Property Details
| MLS® Number | 22006227 |
| Property Type | Single Family |
| Equipment Type | Air Conditioner, Furnace |
| Features | Side Driveway |
| Rental Equipment Type | Air Conditioner, Furnace |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 10 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 12 |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum/vinyl, Brick |
| Flooring Type | Ceramic/porcelain, Hardwood |
| Foundation Type | Block |
| Half Bath Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Furnace |
| Stories Total | 3 |
| Type | Duplex |
Parking
| Garage |
Land
| Acreage | No |
| Size Irregular | 50x138.75 Ft |
| Size Total Text | 50x138.75 Ft |
| Zoning Description | Rd2.1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Lower Level | 4pc Bathroom | Measurements not available | ||
| Lower Level | 4pc Bathroom | Measurements not available | ||
| Lower Level | Bedroom | Measurements not available | ||
| Lower Level | Kitchen | Measurements not available | ||
| Lower Level | Kitchen | Measurements not available | ||
| Main Level | 2pc Bathroom | Measurements not available | ||
| Main Level | Kitchen | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Kitchen | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Bedroom | Measurements not available |
https://www.realtor.ca/real-estate/24188541/442-48-askin-windsor
Interested?
Contact us for more information
Lawrence Lavender, M.c.d., J.d.
Broker
(519) 972-3898
www.facebook.com/lavenderrealty
ca.linkedin.com/pub/lawrence-lavender/15/b72/1ba
2518 Ouellette
Windsor, Ontario N8X 1L7
(519) 972-3888
(519) 972-3898
lcplatinumrealty.com
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April 21 2022 04:07:25
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