581 CATARAQUI STREET
Windsor, Ontario, N9A3P2
For Sale | $2,200,000
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $2,200,000
- Lot size: 51.96' X 81.08' / 0.099 AC
- Year built: 1923
- Listing key: 29687434
Listing overview
Well-maintained and extensively updated 18-unit apartment building featuring a balanced unit mix of 15 one-bedroom and 3 two-bedroom suites. The property is fully leased, offering immediate and stable income in a market where vacancy levels can fluctuate. Recent capital improvements enhance both the condition and long-term durability of the asset, reducing near-term capital expenditure requirements. Strategically located in Central Windsor within walking distance to Caesars Windsor, Downtown Windsor, and the Little Italy district, the property benefits from consistent tenant demand driven by proximity to employment, amenities, and transit corridors. Vacancy, maintenance, and management-conservative relative to historical performance. Income and expense details available upon execution of confidentiality agreement. (id:25314)
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