For Sale - 3689 SANDWICH, Windsor, Ontario

Est payment $5,028/mo
Views   9
Time on Jump  38 day
Exceptional opportunity to acquire a 6-unit building in a prime rental location. This two-story property includes 4 one-bedroom units, 1 retail unit, and a high-ceiling commercial space, generating an impressive annual rental income of $118,800. The commercial unit, leased at $4,500/month with permissions for alcohol sales and restaurant operations, adds substantial value. Two residential units are rented at $1,000 utilities/month, while the other two are at $950+utilities/month, with potential to increase to $1,300+utilities upon vacancy. A vacant garage/storage space, can be rented for $1,800/month, offers additional income potential. Zoned cd2. 2, this property also provides the opportunity to add a multi-unit building at the rear. Ideally located minutes from ambassador and gordie howe bridges, the university, and shopping centers, with a bus stop right outside—ideal for investors and developers. Schedule your viewing today!
Listing ID24018555
Address3689 SANDWICH
CityWindsor, Ontario
Price$999,999
ConstructionBrick
FlooringLaminate
Land Size62.91 X IRREG
TypeMulti-Family
StatusFor Sale
Subtype 5 - 8 UnitOwnership FreeholdFoundation BrickHeating / Cooling Baseboard Heaters, Forced Air, FurnaceHeating Fuel Electric, Natural GasHot Water Tank GasUtility Water Municipal WaterSewer Sanitary
Date Listed Aug 12, 2024Days on Market 39Parking Concrete
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Jamie Kerr

Jamie Kerr

Sales Representative

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Listing Agent:  ANKIT BELADIYA
Listing Agency:  SAVE MAX WINCITY REALTY
Co-Listing Agent:  MAMATHA NALLA
Co-Listing Agency:  SAVE MAX WINCITY REALTY
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