One bachelor suiteOn-site parkingFunctional boiler heating system
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!
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Zillow last checked:
Listing updated:
Listed by:
Mustapha Sinjari, Sales Person,
Manor Windsor Realty Ltd. Brokerage,
Suhail Mohamed, Sales Person,
Manor Windsor Realty Ltd.
Source: Windsor-Essex County AOR,MLS®#: 26019614Originating MLS®#: Windsor-Essex County Association of REALTORS®
Facts & features
Interior
Heating
Natural Gas, Boiler, Radiant
Appliances
Included: Washer, Other Water Heater (See Remarks), Hot Water Tank: Rented
Features
Flooring: Laminate
Property
Parking
Total spaces: 12
Parking features: Parking Available
Features
Stories: 3
Lot
Size: 0.29 Acres
Details
Zoning: RD3.1
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Foundation: Concrete Perimeter
Roof: Asphalt
Utilities & green energy
Sewer: Sanitary
Water: Municipal Water
Utilities for property: Water Connected, Sewer Connected