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. (id:60365)
MLS® Number | X12237025 |
Property Type | Multi-family |
ParkingSpaceTotal | 3 |
BathroomTotal | 5 |
BedroomsAboveGround | 8 |
BedroomsTotal | 8 |
Age | 51 To 99 Years |
BasementFeatures | Apartment In Basement |
BasementType | N/a |
ExteriorFinish | Aluminum Siding, Vinyl Siding |
FoundationType | Unknown |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 3 |
SizeInterior | 2500 - 3000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Septic System |
SizeDepth | 121 Ft |
SizeFrontage | 50 Ft |
SizeIrregular | 50 X 121 Ft |
SizeTotalText | 50 X 121 Ft |
ZoningDescription | Rd1.3 |
https://www.realtor.ca/real-estate/28502956/945-951-wellington-avenue-windsor
Josh Alice
Salesperson