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An EXCELLENT fully occupied 8-unit property in a desirable central Windsor neighborhood with a mix of studio,1,2,and 3 bedroom units. Included 8 stoves,8 fridges,furnaces,and hot water tanks (all OWNED - no rental equipment). Well-maintained,brick-to-roof,with a brand NEW ROOF (2021). This PROFITABLE property generates a rental income of $81,006 with minimal expenses of $15,998 (property tax,insurance,and shared utilities),producing a SOLID net income of $65,008 annually (more than 7% cap rate!),with a significant potential INCREASE based on market rents,and extra income opportunity from the detached garage or addition of coin-op laundry. Buyer is responsible for making their inquiries regarding permitted uses. (id:24093)
Listed by ISAAC VERGE and DARIN SCHILLER of KELLER WILLIAMS LIFESTYLES REALTY

Property Details of 476 Giles West

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"Based on information submitted to CREA as of May 17, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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