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$ 949,000
Est. payment /mo
New
945-951 Wellington AVE Windsor, ON N9A 5K2
8 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X12237025
Style 3-Storey
Bedrooms 8
Building Age 51-99
Annual Tax Amount $3,496
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Discover the potential in this renovated multi-residential property featuring a 6-unit multiplex at the front and a separate detached house at the rear. With 5 of the 7 units currently vacant, and the possibility to convert into an 8 unit property, this is a rare chance for a new owner to set their own market rents and maximize cash flow from day one. There are 2 additional 4-piece washrooms in the basement. Over $100,000 in recent renovations have already been completed, offering peace of mind and minimizing upfront capital expenditures. The property is ideal for investors seeking strong rental income, future appreciation, portfolio or step into the world of multi-unit investing, this property has tremendous upside potential. With so much already done and so much more possible, don't miss this unique opportunity.
Location
Province ON
County Essex
Area Essex
Rooms
Family Room No
Basement Apartment
Kitchen 6
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Unknown
Lot Frontage 50.0
Lot Depth 121.0
Total Parking Spaces 3
Building
Foundation Unknown
Listed by CIRCLE REAL ESTATE