3588 Sandwich Street, Windsor, ON N9C 1B5

$404,999
6
BD
2
BA
1,500
SqFt

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List Price
$404,999
MLS#
X13555824
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
6
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Windsor
Area
Essex
Neighborhood
Windsor
Subdivision
Watkins St And Sandwich St

Property Description

Attention investors! Exceptional turnkey income property offering outstanding cash flow potential in one of Windsor's strongest rental markets, just steps from the University of Windsor. This spacious 6-bedroom home is ideally configured for student or shared accommodation, with market rental rates of approximately $600 per room, providing excellent income potential. The property is currently generating income with 4 rooms leased at $600/month. The two additional vacant rooms can be leased by the seller prior to closing, subject to the provisions of the Agreement of Purchase and Sale or can be kept vacant if the Buyer so chooses. In 2025, the property generated over $43,000 in gross rental revenue with operating expenses consisting of approximately $1,825 (gas), $3,712 (hydro & water), $2,274.12 (property taxes), $500 (hot water tank rental), and $2,508 (insurance), resulting in an impressive 2025 Net Operating Income (NOI) of $32,700. Located in a high-demand rental area with consistent tenant demand due to its proximity to the University of Windsor, this property offers investors an excellent opportunity to acquire a proven income-producing asset with additional upside through full occupancy. Whether you're looking to expand your investment portfolio or purchase your first cash-flowing property, this is an opportunity you won't want to miss.* MLS Listing Pictures were taken were taken prior to current tenants moving in * * Front porch windows have been damaged and will need to be replaced *

Additional Information

Taxes
$2,274
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
1
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Type
None

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Calculator source: Real Geeks

Listing courtesy of RE/MAX PREMIER INC..