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$699,900

Windsor ON, N9A 5G8

MLS® # X12443248

Property Information:

Incredible Value-Add Opportunity! Three units are currently vacant, giving investors the chance to renovate and bring them to market rents for immediate upside. This 6-unit building features 4 x 1 bed units and 2 x 2 bed units, just steps from Windsor's waterfront and minutes to the University of Windsor and St. Clair College downtown campus. Utilities are fully separated with 6 gas meters, 6 hydro meters, and individually owned hot water tanks. One unit has its own furnace while the other 5 are heated with gas wall heaters. Prime location near restaurants, shopping, schools, parks, walking trails, and easy access to the U.S. tunnel and bridge. Perfect for investors looking to reposition and maximize returns. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Crawl space
  • Exterior Finish: Aluminum siding, Vinyl siding
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 6
  • Amenities Nearby: Public Transit, Park, Hospital, Schools
  • Community Features: Community Centre
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 106.2 Feet
  • Lot Frontage: 58.8 Feet
  • Lot Size: 58.8 x 106.2 FT ; IRREG
  • Zoning: RD2.2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX MILLENNIUM REAL ESTATE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 124-130 ELM AVENUE, Windsor, Ontario, N9A 5G8

Demographic Information of 124-130 ELM AVENUE, Windsor, Ontario, N9A 5G8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$71,990.28

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.53 %

High school certificate or equivalent

29.65 %

Apprenticeship trade certificate/diploma

4.84 %

College/non-university certificate

17.04 %

University certificate (below bachelor)

2.0 %

University Degree

26.95 %

Commuter

Travel To Work

By Car

81.14 %

By Public Transit

9.09 %

By Walking

4.58 %

By Bicycle

0.71 %

By Other Methods

4.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.53 %

Houses

27.47 %

Own Vs. Rent