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$ 1,899,990
Est. payment | /mo
15 Beds
11 Baths
5,000 SqFt
$ 1,899,990
Est. payment | /mo
15 Beds
11 Baths
5,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $379
MLS® Listing ID X12118124
Bedrooms 15
Originating Board Toronto Regional Real Estate Board
Property Description
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 (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N Yes
View View of water, City view
Total Parking Spaces 15
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://www.youtube.com/watch?v=J_ChQjv3IGw
Listed by RIGHT AT HOME REALTY
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Gabriela Humeniuk
Real Broker