Property Specs:
Price$950,000.00
CityWindsor, ON
Address1311 OUELLETTE
Listing ID26010833
Land Size50.19 X 181.39 FT
StatusFor sale
Extended Features:
Ownership Freehold
Details:
RARE TURNKEY INVESTMENT !! CURRENTLY RENTED ON A 5 YEAR LEASE @ $2700 ) PER MONTH PLUS HEAT HYDRO WATER AND TAXES WITH A RENEWAL OF A RENT INCREASE OF $100 EACH MONTH PER YEAR. STARTING JULY 1ST 2026 THE RENT GOES UP TO $2800 PER MONTH FOR A YEAR ,THEN INCREASES ACCORDINGLY . THE BUILDING WAS FULLY RENOVATED APROXIMATELY 5 YEARS AGO , NEW WIRING ,NEW PLUMBING ,NEW FLOORING, NEWER ROOF AND MORE. CURRENTLY RENTED TO A HEARING AND HEARING AID HEALTH CENTRE. EXCELLENT LOCATION,GREAT INVESTMENT, NOTHING TO DO EXCEPT GIVE THE TENANT YOUR EMAIL ADDRESS AND START COLLECTING THE RENT. EXTREMELY HIGH TRAFFIC EXPOSURE WITH PLENTY OF PARKING FOR 8 CARS PLUS ADDITIONAL SPOTS AVAILABLE ON THE STREET. (id:4555)