36 HANNA West - $1,250,000.00

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Property Specs

Price$1,250,000.00
CityWindsor, ON
Address36 HANNA West
Listing ID19019784
ConstructionBrick
FlooringHardwood, Other
Land Size100X56
StatusFor sale

Extended Features:

Ownership: FreeholdBuilding Amenities: Laundry FacilityFoundation: BlockHeating: BoilerHeating Fuel: Natural gas

Details:

3 STOREY APARTMENT BUILDING, 15 LARGE 1 BDRM UNITS. BUILT IN 1924, THIS BUILDING HAS LOTS OF CHARACTER, UNITS FEATURE LARGE BDRM, LIVING RM, DINING RM, KITCHEN AND A 4 PIECE BATH, HARDWOOD FLOORS IN MOST UNITS. 4 LEVELS WITH 4 UNITS ON FLOORS 1 - 3 AND 3 UNITS IN THE THE LOWER LEVEL. GREAT RENTAL LOCATION JUST OUTSIDE OF THE DOWNTOWN CORE. FIRE MAR. CERT. AND PLAN AVAIL. SECURE ENTRANCE WITH INTERCOM AND TENANT MAILBOXES. BUILDING SHOWS VERY WELL , MANY UNITS FEATURE A LARGE BALCONY. VERY LOW VACANCY WITH STRONG DEMAND FOR RENTALS AT THIS LOCATION. 6.42% RETURN ON INVESTMENT, WITH AN UPSIDE AS MANY UNITS ARE RENTED BELOW MARKET RATES. SEVERAL UNITS HAVE THEIR OWN BALCONY. 14 TENANTS PAY FOR THEIR OWN ELECTRICITY. CONTACT LISTING AGENT CAMERON PAINE, BROKER 519-562-3107, BUCKINGHAM REALTY (WINDSOR) LTD. FOR INCOME EXPENSE AND RENT ROLL (id:4555)
LISTING OFFICE:
Buckingham Realty
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