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Key Facts
Key facts for 1804 Drouillard Road
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 5 parking
MLS #
X9236147
Size
5000 + sqft
Basement
Finished,Partial Basement
Listed on
2024-08-01
Lot size
45 x 100.0
Tax
$6,096 /yr
Days on Market
387
Approximate Age
-
Maintenance Fee
-
Description
BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Bank Appraisal at $3.1M. Selling BELLOW Appraised value! Gross Annual revenue arou...nd $200k with current Cap Rate of 5.7%. Projected Cap Rate at 7.2% in Year 2026. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Add this Brand-New Turn-Key 12 Unit Multi-Family Property to your real estate investment portfolio. Steps to Stellantis Chrysler Plant, McDonalds, Tim Hortons, Burger King, close to Windsor Regional Hospital, Stellantis Battery Plant, Metro Grocery, 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. Financial Information Available. **** Extras **** All 12 Units Above Ground! 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops
