Sold
Multi-Unit
168-170 Elm
Description
IDEAL OPPORTUNITY FOR INVESTING OR BROADENING YOUR PORTFOLIO. SOLID BRICK 4 PLEX (ALL 2 BDRM + DINING ROOM/1 BATH UNITS) BETWEEN RIVERSIDE AND UNIVERSITY, CLOSE TO U OF WINDSOR & US BORDER. 2 STY WALK-UP, THREE UNITS FULLY RENTED W/LONG TERM TENANTS (MTH TO MTH LEASES) AND ONE UNIT VACANT FOR YOU TO MOVE IN YOURSELF OR FOR THAT SPECIAL TENANT. PARKING IN BACK FOR 4 CARS APPROX.
OWNER PAYS HYDRO FOR HALLWAYS & UTILITIES (FOR 170 UPPER) (OTHER UNITS COULD HAVE SEPARATE UTILITIES POTENTIALLY (4 HYDRO, 4 GAS, 1 WATER METER), 168 LOWER PAYS + UTILITIES).
FRONT & REAR ENTRIES. MOSTLY HARDWOOD, LAMINATE FLOORING, CERAMIC BATHS,
UPDATES:
FURNACE FOR 168 LOWER/170 UPPER REPLACED 2017.
SPRINKLERS.
FIRE RETROFIT CERTIFICATE AVAIL.
SOME NEW WINDOWS IN FRONT
REPLACED SEWER TRAP IN FRONT OF HOUSE 2016,
168 UPPER-WALL FURNACE 2009
170 LOWER-FURNACE 2016
168 LOWER & 170 UPPER FURNACE 2018
NEW FLOORING IN 168-LOWER BEDROOMS (2015),
FLOORING IN 170-UPPER BEDROOMS (2010)
REFINISHED HARDWOOD IN 170-LOWER (2019)
REPLACED EAVESTROUGHS 2018.
INCLUDED:
4 FRIDGES
4 STOVES
4 HOT WATER TANKS (RENTED)
1 WASHER/1DRYER (COIN OPERATED)
NOTE TENANT OWNS PORTABLE DISHWASHER.
RENTS (CURRENT):
168 LOWER: $650/MTH + GAS/HYDRO (BEEN THERE 3 YEARS APPROX)
168 UPPER: $810/MTH INCLUSIVE (BEEN THERE 7 YEARS APPROX)
170 UPPER: $800/MTH INCLUSIVE (BEEN THERE 7 YEARS APPROX)
170 LOWER: VACANT POTENTIAL RENT $800+ + UTILITIES
LAUNDRY: $50/MTH APPROXIMATE
EXPENSES (2018):
HYDRO $3440.71 (3 UNITS + COMMON AREA)
WATER $1262.20 (3 UNITS + COMMON AREA)
GAS $2050.72 (3 UNITS + COMMON AREA)
HOT WATER TANK RENTALS $833.48
INSURANCE $1914.87
MAINTENANCE (APPROX) $2178.13
PROPERTY TAXES $4325.20
LTA APPLIES PLEASE ALLOW 24 HOURS NOTICE FOR ALL SHOWINGS. BUYER MUST ASSUME TENANTS.
Details
- Price: $319,900
- Property Type: Residential
- Property Status: Sold
- Neighbourhood: Area #2 - Downtown Windsor
Address
- City Windsor
- Area Downtown
