Welcome to 781 Church Street, Windsor, Ontario Legal Fourplex Investment OpportunityThis fully legal fourplex is a rare find in the heart of Windsor, offering a blend of strong rental income, modern updates, and future growth potential.Property Features:Unit Mix:Two spacious 3-bedroom unitsTwo well-designed 1-bedroom unitsSeparate Hydro Meters: Each unit has its own electricity meter, maximizing efficiency and tenant responsibility.Rental Income & Tenancy:3-Bedroom Unit 1: $2,250/month3-Bedroom Unit 2: $2,150/month1-Bedroom Unit 1: $1,400/month1-Bedroom Unit 2: $775/month (tenant transitioning; market potential $1,200$1,400/month)Current Total Monthly Rent: $6,575Projected Total Monthly Rent: $7,000$7,300Three tenants are new renters, while one has a longer tenancy history, ensuring a balance of stability and potential upside.Recent Upgrades & Maintenance:All four units have been freshly paintedThree units feature newly updated kitchensBrand new roof installed (valued at $25,000)Numerous extensive maintenance improvements throughout the propertyThis property delivers strong income today with additional upside potential, making it an ideal choice for investors seeking a turnkey, income-generating opportunity in Windsors thriving rental market. (id:4069)
Address
781 CHURCH STREET
List Price
$649,913
Property Type
Single Family
Type of Dwelling
House
Style of Home
Raised bungalow
Transaction Type
sale
Area
Ontario
Sub-Area
Windsor
Bedrooms
8
Bathrooms
4
Floor Area
11,001,500 Sq. Ft.
Lot Size
55 x 81 FT Sq. Ft.
MLS® Number
X12348832
Listing Brokerage
ESTATE #1 REALTY SERVICES INC.
Basement Area
Crawl space
Postal Code
N8X1V9
