Off Market Windsor Duplex
- 1459 Assumption St, Windsor
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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
Property Summary
Bedrooms
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Bathrooms
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Number of Units
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Project Life Cycle
- For Sale
Alan Abbas
Expenses
Purchase Price
- $425,000
Purchase Closing Costs
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Holding Costs
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Renovation Costs
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Sales Closing Costs
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Sold Price
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Monthly Expenses
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Monthly Income
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Long/Short term Rental
Fee & Frequency
Reservation Link
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Location Features
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General Amenities
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Kitchen
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Bathroom
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Office Space
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Accessibility Features
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Check-In Instructions
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Check-Out Instructions
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Arrival Guide
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House Rules
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Files Documents
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