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591 Wellington Ave

Wellington AveWest SideWindsorON, N9A 5J3

-
Beds
-
Baths
$2,790,000
List Price
591 Wellington Ave, Windsor, ON - 1 of 3
591 Wellington Ave, Windsor, ON - 2 of 3
591 Wellington Ave, Windsor, ON - 3 of 3
130 days on market

Quick Summary

  • Strategically located 3 minutes from university
  • Fully tenanted 17-unit purpose-built building
  • Majority of units recently renovated or updated
  • Ample onsite parking for over 20 vehicles
  • Owned coin-operated laundry facilities for income
  • Numerous building upgrades including roof, mailboxes
  • Professionally managed with current NOI of $151K
  • Turnkey investment opportunity with upside potential

Solid, Purpose Built 17 unit Building in a fantastic location, 3 minutes from the University of Windsor, the waterfront, and everything that matters! This 3- story walk-up was built in the mid 70s and is clean, quiet and FULLY TENANTED! Separately metered for Hydro and the roof is approximately 7 years. Most units have been fully... Show More

Solid, Purpose Built 17 unit Building in a fantastic location, 3 minutes from the University of Windsor, the waterfront, and everything that matters! This 3- story walk-up was built in the mid 70s and is clean, quiet and FULLY TENANTED! Separately metered for Hydro and the roof is approximately 7 years. Most units have been fully renovated or updated and offer 1 bed/1 bath. Onsite parking in both the front and back of building allow for 20+ vehicles and room to expand. 2 Pairs of owned coin washers/dryers for extra income. Many updates include units, mailboxes, paint, ceiling tile, lights, separation doors & front door. Fire inspection in Nov/23. Close to public transit. FloorPlans and Pro Forma available in Documents. Phase 1 Environmental and current Building Condition Report available with accepted offer. Turnkey and professionally managed...this multi-unit building is the perfect addition to your portfolio. Current NOI 151K with upwards potential! (id:54626)

Property Details

Parking

Other

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick
Foundation
Unknown
Builder Name
-
Stories
3
Flooring
Mixed Flooring
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
24000312
Last Updated
May 6, 2024
Brokerage
JUMP REALTY INC.
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Call us 800-591-0566

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