ON
Windsor
N9C2R7
531 MILL Street
531 MILL Street, Windsor, ON N9C2R7
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Listing Type
Multi Family
Listing Status
Active
47
$2,249,000

Home Details for 531 MILL Street

Price
$2,249,000
Type
Residential Income
Listing #
26009533
Property Description

Welcome to 531 Mill street. This Three-storey, 12-unit brick apartment building is located in one of Windsor's most reliable rental corridors near the University of Windsor. This solid, well-maintained property offers eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. The building is 11 of 12 units tenanted, with one vacant bachelor suite ready to lease, allowing the new owner to set their own market rent while stepping into a near-stabilized income property. On-site parking adds valuable convenience for tenants. The building is serviced by a functional boiler heating system. Twelve new individual hydro meters provide separate metering for each unit, reducing landlord utility costs and increasing tenant accountability. Assumable 4.25% fixed mortgage with 9.5 years left-offering strong financial advantage in today's rates. CMHC-insured, this property provides immediate cash flow and long-term investment potential. Contact us today! (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
    • Radiant
Listing Courtesy: MANOR WINDSOR REALTY LTD.
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EXIT REALTY CK ELITE, BROKERAGE
160 St. Clair Street, Chatham, ON N7M 3J5
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519 351 7653
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