Property Specs:
Price$479,900.00
CityWindsor, ON
Bed / Bath5 / 3 Full
Address393 ELM AVENUE
Listing ID25011367
ConstructionAluminum/Vinyl
FlooringCeramic/Porcelain, Laminate
Land Size31X110
TypeDuplex
StatusFor sale
Extended Features:
Features Double width or more driveway, Rear DrivewayOwnership FreeholdWater-front Waterfront nearbyAppliances Dryer, Refrigerator, Stove, Two Refrigerators, Two stoves, WasherCooling Central air conditioningFoundation BlockHeating Baseboard heaters, Forced air, FurnaceHeating Fuel Electric, Natural gas
Details:
RARE DUPLEX WITH A THIRD POTENTIAL INCOME SUITE OFFERING EXCELLENT CASH FLOW AND FLEXIBILITY. TWO VACANT UNITS ALLOW YOU TO CHOOSE YOUR OWN TENANTS AT MARKET RENTS, WHILE THE MAIN FLOOR IS TENANTED AT $1200 INCLUSIVE. THE SECOND FLOOR FEATURES THREE BEDROOMS (INCLUDING FINISHED LOFT) WITH PROJECTED MARKET RENTS OF $1675/MONTH. THE BASEMENT SUITE, WITH PRIVATE ENTRANCE, OFFERS ADDITIONAL INCOME POTENTIAL WITH PROJECTED MARKET RENTS OF $1000/MONTH. EACH UNIT HAS SEPARATE LAUNDRY AND REAR PARKING. IDEALLY LOCATED NEAR THE UNIVERSITY AND U.S. BORDER, THIS PROPERTY COMBINES STRONG RENTAL UPSIDE WITH AN UNBEATABLE LOCATION. SELLER RESERVES THE RIGHT TO ACCEPT OR DECLINE ANY OFFER (id:4555)