Property Specs:
Price$2,200,000.00
CityWindsor, ON
Address581 CATARAQUI STREET
Listing ID26009840
ConstructionBrick
FlooringCarpeted, Hardwood, Mixed Flooring
Land Size51.96' X 81.08' / 0.099 AC
StatusFor sale
Extended Features:
Equipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasBuilding Amenities Laundry FacilityFoundation BlockHeating Boiler, Radiator, Steam radiatorHeating Fuel Natural gas
Details:
Well-maintained and extensively updated 18-unit apartment building featuring a balanced unit mix of 15 one-bedroom and 3 two-bedroom suites. The property is fully leased, offering immediate and stable income in a market where vacancy levels can fluctuate. Recent capital improvements enhance both the condition and long-term durability of the asset, reducing near-term capital expenditure requirements. Strategically located in Central Windsor within walking distance to Caesars Windsor, Downtown Windsor, and the Little Italy district, the property benefits from consistent tenant demand driven by proximity to employment, amenities, and transit corridors. Vacancy, maintenance, and management-conservative relative to historical performance. Income and expense details available upon execution of confidentiality agreement. (id:4555)
