1411-15 BRUCE AVE, WINDSOR ONTARIO
Development Level: Built
Garage: Double, Attached "Another Great Source for Income!"
Basement: Yes, Full "Coined Laundry in Basement"
Lot Type: Corner
44ft x 80ft
Taxes: $2,982.61 (2021)
MLS® #: 21019954
Turnkey and fully rented 4PLEX great money-maker, perfect addition to any portfolio or 1st time investor, clearing approx. $24,000 per year (more if you manage yourself. A $2260 savings, garage can be easily rented out for $300/mth and charge for laundry at $20/week, as the owner did not. Also, there is a cap on utilities as per in the lease that Seller did not recover $600 approx. Your net would be up to $31,400 approx. 1 bachelor, 2 one bedrooms & 1 three bedroom units in a super location. Features many updates, roof 5 yrs, gas heaters each unit 5 yrs, exterior paint (2019), landscaped (2017), electrical - separate meters, updated to 100 amp. Conversion of individual gas furnaces 5 yrs ago w/electric heat as backup. Solid great tenants. Corner lot, near bus route. See docs for existing Retrofit Certificate & Covid form that must be signed prior to showing. Fully tenanted. Contact your agent for full details.
Brokered and Advertised by:
Royal LePage Binder Real Estate
Information is deemed to be correct but not guaranteed.
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