GREAT OPPORTUNITY TO ADD A HUGE INCOME TO YOUR REAL ESTATE PORTFOLIO. THIS 22 BDRM, 15 BATH FULLY LICENSED BOARDING HOUSE HAS POTENTIAL OF $198,620 GROSS INCOME. CURRENTLY FULLY LEASED W/SOME TENANTS LEAVING, THIS CAN BE PURCHASED EITHER FULLY LEASED OR WITH SOME VACANCIES TO CREATE YOUR OWN RENTS WITH RD3.1 ZONING. MAIN FLR HAS 6 BDRMS W/4 FULL BATHS WITH A COMMERCIAL KITCHEN. 2ND FLR HAS 8 BDRMS WITH 4 FULL BATHS. 3RD FLR IS A SELF-CONTAINED 2 BDRM, 2 BATH APARTMENT. LWR LVL HAS 6 BDRMS & 5 BATHS WITH RECENT BOARDING ROOM CERTIFICATE FROM THE CITY, IT HAS CURRENT FIRE & ELECTRICAL CERTIFICATES. THERE IS A 2.5 CAR DETACHED GARAGE & PARKING FOR 4-5 CARS. THERE IS A COIN OPERATED LAUNDRY GENERATING AN ADDITIONAL $19,200 ANNUALLY. CALL LISTING REALTORS® TO VIEW OR FOR ANY INQUIRIES. (id:4069)
Address |
801 VICTORIA |
List Price |
$1,749,999 |
Property Type |
Single Family |
Type of Dwelling |
House |
Area |
Ontario |
Sub-Area |
Windsor |
Bedrooms |
22 |
Bathrooms |
15 |
Lot Size |
68.77X120 Sq. Ft. |
MLS® Number |
24011022 |
Listing Brokerage |
BUCKINGHAM REALTY (WINDSOR) LTD.
|
Postal Code |
N9A4N5 |
Zoning |
RD3.1 |
Features |
Gravel Driveway, Rear Driveway |