3 Bedroom
3 Bathroom
700 - 1,100 sqft
Central Air Conditioning
Forced Air
$320,000
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 1324 Copperfield Place, Windsor is a single detached home offered at a 5.96% in-place cap rate on current rents. This fully-tenanted property generates $23,400 in gross annual rent and $19,060 NOI/Profit. The home is currently rented as a single unit under a lease structured so the tenant pays all utilities and is responsible for repairs, leaving the landlord to cover only property tax, insurance, and hot water tank rental - keeping operating costs unusually low. Basement layout and separate-entrance potential offer a clear path to reconfigure the home into a multi-door rental, letting a new owner add doors, increase gross rent, and grow NOI from a single-unit base. As the most affordable entry point in the portfolio, in an improving Windsor market, it also provides geographic diversification alongside room for appreciation and a low-cost way to test a conversion strategy. (id:62616)
Property Details
|
MLS® Number
|
X13544742 |
|
Property Type
|
Single Family |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Unknown |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
700 - 1,100 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
65 Ft |
|
Size Frontage
|
33 Ft |
|
Size Irregular
|
33 X 65 Ft |
|
Size Total Text
|
33 X 65 Ft |
https://www.realtor.ca/real-estate/30012930/1324-copperfield-place-windsor