The Jennifer Jones Team, LPT Realty, Brokerage
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Windsor, ON

531 MILL STREET

$2,150,000

Listed by
MANOR WINDSOR REALTY LTD.
MUSTAPHA SINJARI, Sales Person

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Detached at 531 MILL STREET, Windsor, ON
531 MILL STREET, Windsor, ON, photo 2531 MILL STREET, Windsor, ON, photo 3

Property facts

Price
$2,150,000
Type
Detached
Bedrooms
0
Bathrooms
0
MLS®
26019614
Status
active
Brokerage
MANOR WINDSOR REALTY LTD.

About this home

Description provided by the listing brokerage

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!

Location

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