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1250-1260 OUELLETTE AVENUE
Windsor Ontario N8X1J5 Canada

$5,999,000

Active Listing ID 24007719
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Multi-family

$5,999,000

Active Listing ID 24007719
Save

1250-1260 OUELLETTE AVENUE 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Brick
  • Floor Covering: Mixed Flooring
  • Heating Systems: Boiler, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/17/2024 1:15:20 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: JESSICASPITERI, Salesperson, JUMP REALTY INC.

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