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$ 2,100,000
Est. payment /mo
Price Dropped by $149K
1655 Rooney Street Windsor, ON N9B 1L1
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Over 12 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26013067
Construction Status Unknown
Annual Tax Amount $31,896
Tax Year 2025
Property Sub-Type Over 12 Units
Source WESC
Property Description
Excellent multi-unit investment opportunity located near the University of Windsor in a high-demand rental area. This well-maintained income property offers 17 units, including 12 one-bedroom and 5 bachelor units. 16 units occupied, providing steady rental income with positive cash flow and a strong cap rate, with significant upside through rent increases and value-add potential. Many units are currently rented below market, offering an excellent opportunity to improve returns over time. On-site laundry and parking add convenience for tenants. Located close to transit, shopping, schools, and everyday amenities, making it ideal for long-term rentals. A solid option for investors seeking stable income and future growth.
Location
Province ON
Zoning RES
Interior
Heating Baseboard Heaters, Heat Pump
Cooling Baseboard Heaters, Heat Pump
Flooring Ceramic or Porcelain, Cushion or Lino or Vinyl, Hardwood or Engineered Hrwd, Mixed Flooring
Exterior
Roof Type Asphalt
Building
Foundation Block
Sewer Sanitary
Construction Status Unknown
Listed by REAL BROKER ONTARIO LTD