$1,899,990
PRICE
9 + 6
BEDROOMS
11
BATHROOMS
X12118124
MLSID
279 Drouillard Road, Windsor
15 Unit building. Property is Fully Tenanted! Building current use consist of 3 - One Bedroom Units and 6 - Bachelor Units and 6 - Studio Rooms. BONUS Vacant Lot Built-To-Suit next to Property INCLUDED. Gross Annual revenue $151,000. Annual Expenses $39k. With 6% Cap RATE. Projected Cap Rate at 8.3% Building is Located next to A State-Of-The-Art Retirement Home. Walk to Riverside Waterfront with Amazing Detroit Skyline views! Steps to Ceasers Palace, Detroit-Windsor Tunnel, VIA Rail Station, J.P. Wiser Factory. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. **EXTRAS** All Units Above-Ground. 15 Fridges, 10 Microwaves, 4 Stoves, 6 Induction Cooktops
Summary
Address
279 Drouillard Road
City
Street
MLSID
X12118124
Property Type
Multiplex
Property Category
Bedrooms
9 + 6
Bathrooms
11
Kitchens
9
Taxes (Annual)
$8,410.00
Tax Year
2024
Published
May 1, 2025
Days on Market
94 Days
Possession Type
30-59 Days
Possession Details
30 - 60 Days
Inclusions
4 Owned Electric Hot Water Tanks, Coin - Op Laundry Washer & Dryer, Camera System, Door Security System
Exclusions
All Items Belonging to Tenants
Details
Property Features
River/Stream, Public Transit, Waterfront
Security Features
Carbon Monoxide Detectors, Smoke Detector
Parking Spaces
15
Parking Total
15
Parking Features
Private, Available
Architectural Style
2-Storey
Roof
Flat
Construction Materials
Brick
Lot Width
80 Feet
Lot Depth
102 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Similar Listings
Listing Contracted with RIGHT AT HOME REALTY