38
781 CHURCH STREET
$649,913 Sale
Listed 1 day
· 8
· 4.0
· 4
· 1100 - 1500
Key Facts
Key facts for 781 CHURCH STREET
Property Type
House, House
Parking
Garage: No, 4 parking
MLS #
X12348832
Size
1100 - 1500 sqft
Basement
Crawl space
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Welcome to 781 Church Street, Windsor, Ontario Legal Fourplex Investment OpportunityThis fully legal fourplex is a rare find in the heart of Windsor, offering a blend of strong rental income, modern updates, and future growth potential.Property Features:Unit Mix:Two spacious 3-bedroom unitsTwo well...-designed 1-bedroom unitsSeparate Hydro Meters: Each unit has its own electricity meter, maximizing efficiency and tenant responsibility.Rental Income & Tenancy:3-Bedroom Unit 1: $2,250/month3-Bedroom Unit 2: $2,150/month1-Bedroom Unit 1: $1,400/month1-Bedroom Unit 2: $775/month (tenant transitioning; market potential $1,200$1,400/month)Current Total Monthly Rent: $6,575Projected Total Monthly Rent: $7,000$7,300Three tenants are new renters, while one has a longer tenancy history, ensuring a balance of stability and potential upside.Recent Upgrades & Maintenance:All four units have been freshly paintedThree units feature newly updated kitchensBrand new roof installed (valued at $25,000)Numerous extensive maintenance improvements throughout the propertyThis property delivers strong income today with additional upside potential, making it an ideal choice for investors seeking a turnkey, income-generating opportunity in Windsors thriving rental market. (id:10452)
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