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15 Unit building. Property is Fully Tenanted! Building current use consist of 3 - One Bedroom Units and 6 - Bachelor Units and 6 - Studio Rooms. BONUS Vacant Lot Built-To-Suit next to Property INCLUDED. Gross Annual revenue $151,000. Annual Expenses $39k. With 6% Cap RATE. Projected Cap Rate at 8.3% Building is Located next to A State-Of-The-Art Retirement Home. Walk to Riverside Waterfront with Amazing Detroit Skyline views! Steps to Ceasers Palace, Detroit-Windsor Tunnel, VIA Rail Station, J.P. Wiser Factory. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. **EXTRAS** All Units Above-Ground. 15 Fridges, 10 Microwaves, 4 Stoves, 6 Induction Cooktops
4 Owned Electric Hot Water Tanks, Coin - Op Laundry Washer & Dryer, Camera System, Door Security System
City: Windsor
Purchase Price | $1899990 |
Down Payment | $379998 |
Mortgage Insurance | $0 |
Total Mortgage | $1519992 |
Mortgage Payment | $9367 |
Property Taxes | $701 |
Maintenance Fees | $0 |
Monthly Payment | $10067 |
Located at 279 Drouillard Rd , this Windsor house is available for sale. This property was listed for $1,899,990 on Thu May 01 2025. This house's size is 5000 + Sqft. It has 9 bedrooms and 11 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 15 parking spots.
MLS#: X12118124 · $1,899,990 · 9 bedroom house in Windsor