1250-1260 Ouellette Avenue Windsor, Ontario N8X 1J5
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$5,500,000
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:58072)
Property Details
| MLS® Number | 24007719 |
| Property Type | Multi-family |
Building
| Amenities | Laundry Facility, Shopping Area |
| ExteriorFinish | Brick |
| FlooringType | Mixed Flooring |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Boiler |
| StoriesTotal | 4 |
Parking
| Other | 34 |
Land
| Acreage | No |
| SizeIrregular | 100.47 X 207+ |
| SizeTotalText | 100.47 X 207+ |
| ZoningDescription | Cd3.5 |
https://www.realtor.ca/real-estate/26756385/1250-1260-ouellette-avenue-windsor
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May 13 2024 01:07:54
Windsor-Essex County Association of REALTORS®
Jump Realty Inc.