531 MILL STREET, Windsor FOR SALE

Brokered by: MANOR WINDSOR REALTY LTD.

MLS®: 26012867 (Freehold)

Price: $2,179,000.00

Address: 531 MILL STREET, Windsor
FOR SALE
Postal Code: N9C2R7
Style: 
Type: Multi-family Multi-Family
Bedrooms: 0
Bathrooms: 0
Parking:  Other
Garage: Other
Lot Size:   x
Property Size:  90 FT FRONTAGE X N/A / 0.291 AC
Stories:  3


About 531 Mill Street

Welcome to 531 Mill street. This Three-storey, 12-unit brick apartment building is located in one of Windsor s most reliable rental corridors near the University of Windsor. This solid, well-maintained property offers eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. The building is 11 of 12 units tenanted, with one vacant bachelor suite ready to lease, allowing the new owner to set their own market rent while stepping into a near-stabilized income property. On-site parking adds valuable convenience for tenants. The building is serviced by a functional boiler heating system. Twelve new individual hydro meters provide separate metering for each unit, reducing landlord utility costs and increasing tenant accountability. Assumable 4.25% fixed mortgage with 9.5 years left-offering strong financial advantage in today s rates. CMHC-insured, this property provides immediate cash flow and long-term investment potential. Contact us today! (id:56071). Get more information on 531 Mill Street

Property Features

Rental Equipment:  Water Heater
Zoning Description:  RD3.1
Lot:  90 FT FRONTAGE X N/A / 0.291 AC 90 FT FRONTAGE X N/A / 0.291 AC
Exterior Finish:  Brick
Flooring:  Hardwood, Laminate, Other, Cushion/Lino/Vinyl
Water:  ,
Heating / Cooling:   Natural gas /
Age: 
Foundation: Concrete
Basement:  

Rooms & Sizes

     

Found a property your're looking for? Schedule a showing with our team. We're here to answer your questions and help you get a closer look.

Get More Property Info!

JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

* Mandatory fields..

Message has been sent. Thank you

John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.