REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 849,900
Est. payment | /mo
$ 849,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 25018200
Property Sub-Type Freehold
Source Windsor-Essex County Association of REALTORS®
Property Description
DON'T MISS OUT ON THIS RARE OPPORTUNITY TO OWN A FULLY VACANT WATERFRONT BRICK BUILDING WITH 8 TOTAL RESIDENTIAL UNITS. THIS UNIQUE BUILDING IS IN THE PERFECT LOCATION WITH UNOBSTRUCTED WATERFRONT VIEWS THAT OVERLOOK THE BEAUTIFUL DETROIT RIVER SKYLINE. INVESTORS CAN CREATE LONG TERM WEALTH WITH HUGE CASHFLOW POTENTIAL. THIS LARGE BRICK BUILDING BOASTS 4 SPACIOUS ONE BEDROOM UNITS AND 4 BACHELOR UNITS. THIS IS A GREAT OPPORTUNITY FOR THE RIGHT INVESTOR. THIS PROPERTY IS BEING SOLD IN ""AS IS"" CONDITION. THE SELLER IS WILLING TO HOLD THE MORTGAGE FOR QUALIFIED BUYERS AT 7% INTEREST RATE FOR ONE YEAR. THIS BUILDING IS IN NEED OF REPAIR BEFORE TENANTS CAN OCCUPY. TAKE ADVANTAGE OF THIS FULLY VACANT 8 UNIT APARTMENT BUILDING AND SET YOUR OWN RENTS ONCE RENOVATIONS ARE COMPLETE. CONTACT THE LISTING AGENT FOR MORE DETAILS OR TO BOOK A SHOWING. FLEXIBLE CLOSING. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Hardwood, Cushion/Lino/Vinyl
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by JUMP REALTY INC.