Listing Details
Return to Search Result1804 DROUILLARD ROAD - MLS® # X12118121
Property Details
Description
Reconstructed 12 Unit Multi-Residential building. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Gross Annual revenue $199,000. Annual Expenses $36k. With current Cap RATE of 6.8%. Projected Cap Rate at 8.5%. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Steps to Stellantis Chrysler Plant, close to Windsor Regional Hospital, Ceasers Palace, Detroit-Windsor Tunnel. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. **EXTRAS** 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops. ALL UNITS ABOVE GROUND! (id:2469)
Features
Sump Pump
Amenities
Hospital, Public Transit, Schools, Place of Worship
Listing Provided By
RIGHT AT HOME REALTY
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- Torro Group
- 7055036683
- torro.group.admin@followupboss.me
- Keller Williams Experience Realty
- 2 Victoria Street
- Barrie, ON
- L4N 6G2