1747-1767 University Avenue W, Windsor, ON N9B 1C5

$4,850,000

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Property Description

32 spacious residential units (1 studio, 10 1BR, 17 2BR, 4 3BR) and 2 commercial units (currently restaurants) and indoor parking. Second floor units have private outdoor balconies. Steps to the University and on bus routes to college and downtown Windsor. Minutes to bridges and tunnel. Owner Managed, all current tenants vetted by owner (no LLTB issues). Well maintained. Elevator and laundry room. Fully tenanted currently with brisk turnover (students) ensuring rent maintained at market values. Large electrical room ready to accommodate sub-metering. Roof in excellent condition and inspected and maintained semi-annually. Cement block and full brick construction, making a well built and quiet building. Many units upgraded. Laundry and hot water tanks owned (all less than 5 yrs old). 7 secured storage rooms. 7 camera security system. 13 herby kerbys owned providing for weekly city garbage collection. All neighbouring buildings recently renovated and the street is undergoing a city makeover. Excellent investment opportunity, this neighbourhood is only increasing in value and demand.

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