Off Market Windsor Duplex

Description

1459 Assumption St, Windsor Wholesale Price $425,000 (OBO) *Realtors- Add your fee (whatever you like), over and above the asking price* FULL INFORMATION HERE: https://mailchi.mp/aad568e8…/off-marketproperties-13520928 Legal Duplex (Mixed Use) Commercial unit on main floor and 3 bedroom residential unit on second floor. Foundation: Basement 2 searate gas meters, 2 electric meters, 2 air conditioners, 2 Separate units Potential to add 4th bedroom to upper unit Option to keep commercial on main floor or convert to Residential unit Zoning: RD 2.2 (Residential Zoning) Frontage = 28.00 Feet, Depth = 49.00 Feet $425,000 Wholesale Price only inlcudes the building Conveneince store business, equipment and inventory not inlucded. Conveince store business (with equipment + inventory) can be inlcuded for only $25,000 more ($450,000 total) VACANT POSSESSION Market Rent for 3 Bedroom apartment = $1650 + Utilities Additional Information: Located in the Walkerville Neighbourhood 1 munite drive or 4 minute walk to Riverside Drive (Windsor’s waterfront and view of Detroit Skyline) Potential to run your own business on main floor and live upstairs or rent both units. Great location for AirBnB guests; close to Caesar’s Casino, Tunnel to Detroit, Downtown Windsor, Detroit River, walking distance to Walkerville District and more! EXIT STRATEGIES: *** Multiple Exit Strategies *** Fix and Flip, BRRRR (Buy, Renovate, Rent, Refinance), Buy & Hold Comparable Sales: 273 Pierre Ave Sold for $485,000 on May 5th, 2023! This Duplex is around the corner (350 meters away) from the subject property and is much smaller in size. One unit contains 2 bedrooms and the other unit only has 1 bedroom. 1239-47 Richmond St. Sold for $470,000 on May 27th, 2023! This Duplex is located in the same neighbourhood of Walkerville (approx 1.2 km away from the subject property). Both units are only 2 bedrooms, 1 bath each. How To Make An Offer: If you are interested, send an email to maverickcapital1@gmail.com or contact Sales at 226-246-4617

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