Exceptional income-generating opportunity in historic Sandwich Town offering a legal triplex with a versatile 2.5-storey layout designed for strong rental performance. This multi-unit property features 8+1 bedrooms, 4 bathrooms, multiple kitchens across levels, separate laundry areas, and over 2,500 sq ft above grade, providing scale and flexibility rarely found in this price category, all situated on an impressive 42 x 146 ft lot with substantial depth and outdoor potential. Currently generating $68,100 in gross annual income with documented upside to $74,700 under licensing optimization, the asset is structured for both stabilized cash flow and value-add positioning, with a lodging license permitting up to 10 occupants for compliant revenue maximization. The configuration supports both rooming income and self-contained unit functionality, allowing investors multiple leasing strategies. All major appliances are included; multiple refrigerators, stoves, microwaves, washers, and dryers, minimizing upfront capital expense. Tenant-occupied for immediate income continuity, professionally measured with verified square footage and detailed floor plans available. Ideally located minutes from the Ambassador Bridge and the University of Windsor, and positioned along the waterfront corridor with rear views toward the Detroit River, this property benefits from consistent tenant demand driven by students, cross-border professionals, and workforce housing, making it a scalable, high-yield investment in one of Windsor’s strongest rental corridors. (id:58067)
Exceptional income-generating opportunity in historic Sandwich Town offering a legal triplex with a versatile 2.5-storey layout designed for strong rental performance. This multi-unit property features 8+1 bedrooms, 4 bathrooms, multiple kitchens across levels, separate laundry areas, and over 2,500 sq ft above grade, providing scale and ...
flexibility rarely found in this price category, all situated on an impressive 42 x 146 ft lot with substantial depth and outdoor potential. Currently generating $68,100 in gross annual income with documented upside to $74,700 under licensing optimization, the asset is structured for both stabilized cash flow and value-add positioning, with a lodging license permitting up to 10 occupants for compliant revenue maximization. The configuration supports both rooming income and self-contained unit functionality, allowing investors multiple leasing strategies. All major appliances are included; multiple refrigerators, stoves, microwaves, washers, and dryers, minimizing upfront capital expense. Tenant-occupied for immediate income continuity, professionally measured with verified square footage and detailed floor plans available. Ideally located minutes from the Ambassador Bridge and the University of Windsor, and positioned along the waterfront corridor with rear views toward the Detroit River, this property benefits from consistent tenant demand driven by students, cross-border professionals, and workforce housing, making it a scalable, high-yield investment in one of Windsor’s strongest rental corridors. (id:58067)
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