528 CALIFORNIA Ave, Windsor, Ontario N9B 2Y9
Contact us about this property
Highlights
Estimated ValueNot available
Price/Sqft-
Est. Mortgage$3,650/mo
Tax Amount (2023)$4,034/yr
Days On Market159 days
Description
ATTENTION INVESTORS! DO NOT MISS OUT ON THIS CASH FLOW POSITIVE PROPERTY LOCATED DIRECTLY ACROSS FROM THE UNIVERSITY OF WINDSOR. 528 CALIFORNIA IS A SOLID 3 STOREY BUILDING AND EXTREMELY WELL MAINTAINED. OFFERING 9 BEDROOMS, 3 BATHS, 2 KITCHENS, 3 LAUNDRY AREAS & PARKING FOR 6 CARS. GROSS INCOME IS $81,600 & NOI IS $65,556 WITH A CAP RATE OF 7.7%. EACH BEDROOM COMES WITH A SINGLE BED, FRIDGE, NEW WORK DESK AND CHAIR. THE 3RD STOREY IS READY TO BE FINISHED & COULD FIT 2 MORE BEDROOMS AND 1 BATHROOM FOR AN EVEN GREATER ROI. UPGRADES INCLUDE 2 NEW BATHROOMS, NEWER ROOF, AIR CONDITIONING, FURNACE, TANKLESS HOT WATER HEATER (OWNED) & UPGRADED ELECTRICAL SERVICE. IN TOTAL THERE IS 10 FRIDGES, 9 BEDS, 9 DESK & CHAIRS,3 WASHERS, 3 DRYERS & 2 STOVES INCLUDED. . CONTACT LISTING AGENT TODAY FOR YOUR PRIVATE SHOWING.