1 of 47 - 531 Mill Street, Windsor, Ontario
2 of 47 - 531 Mill Street, Windsor, Ontario
3 of 47 - 531 Mill Street, Windsor, Ontario
4 of 47 - 531 Mill Street, Windsor, Ontario
5 of 47 - 531 Mill Street, Windsor, Ontario
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531 Mill Street, Windsor, Ontario

$2,150,000

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About 531 Mill Street

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:6289)

Features of 531 Mill Street

Listing # 26019614
Price $2,150,000
Type Multi-family
Sub-Type Freehold

Community Information

Address 531 Mill Street
City Windsor
Province Ontario
Postal Code N9C2R7

Amenities

Parking Other
Garages Other
Is Waterfront No
Has Pool No

Interior

Heating Radiant heat, Boiler, Natural gas
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick
Lot Description 90 FT FRONTAGE X N/A / 0.291 AC
Foundation Concrete

Listing Details

OfficeMANOR WINDSOR REALTY LTD.

Listing Map

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