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2176 MCDOUGALL, Windsor, Ontario

$449,900

4 bed · 2 bath

MLS® 26024450

ATTENTION INVESTORS! Excellent income-producing opportunity featuring 2 residential units plus a 1,960 sq. ft. detached garage/workshop. Lower unit rents for $1,695/month + utilities, upper unit $1,125/month + utilities, and garage $550/month + utilities, generating $40,440 in gross annual income. Great tenants in place with property management already established. Major updates include a new residential roof in 2024, steel garage roof in 2020 and new windows throughout the residential units in 2019. Separate gas and hydro meters; owner pays water. The commercial garage offers powered storage/workshop space with a propane furnace, adding another valuable income stream to this unique property. Ideally located close to parks, schools, shopping, public transit and everyday amenities. A versatile investment with multiple revenue streams and several major updates already completed. Fantastic opportunity to add a well-maintained income property to your portfolio! (id:56426)

CRISTINA GAZO

Listed by REALTY ONE GROUP ICONIC BROKERAGE

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
229,660
Median household income
$70,000
Median home value
$400,000
Owner-occupied
63%
Homes for sale
2,339
Median list price
$533,600

Source: Statistics Canada 2021, LiveBy

Map of Windsor
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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