1250-1260 Ouellette Avenue
Windsor , ON
$5,800,000 price
Introducing the iconic paramount building at giles & ouellette in windsor! Add 34 units to your real estate investment portfolio with a mix of 1 & 2 bedroom units and onsite laundry. Positioned on ½ an acre of valuable land, 1250-1260 ouellette offers abundant parking with room for future expansion. Prime a+ location with a high walking score providing low vacancy & demand for rentals. Walking distance to parks, pharmacy, grocery, tim hortons, amenities and services. Situated on a bus route and steps from windsor regional hospital. This impressive building is almost fully tenanted and professionally managed. Separately metered for hydro with an opportunity to improve current rents as tenants turn over. Updates include newer roofs (2020/2022), boiler #1(2015), boiler #2(rebuilt 2024), common areas, laundry machines & unit renovations. Income & expenses available upon request. Current noi 271k! (id:4555)
Listing ID24007719
Address1250-1260 OUELLETTE AVENUE
CityWindsor, ON
Price$5,800,000
ConstructionBrick
FlooringMixed Flooring
Land Size100.47 x 207+
StatusFor sale
Ownership FreeholdBuilding Amenities Laundry Facility, Shopping AreaFoundation BlockHeating BoilerHeating Fuel Natural gas
Date Listed 2024-04-16 16:01:54Days on Market 17
JUMP FEATURED AGENT
agent

Jeph Maagdeleyn

Realtor ®
519-567-1090



Listing Agent:  Jessica Spiteri

Listing Agency:  Jump Realty Inc.


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