3588 Sandwich Street,Windsor, ON N9C1B5
Windsor, ON N9C1B5
Description
Attention investors! Exceptional turnkey income property offering outstanding cash flow potential in one of Windsor's strongest rental markets, just steps from the University of Windsor. This spacious 6-bedroom home is ideally configured for student or shared accommodation, with market rental rates of approximately $600 per room, providing excellent income potential. The property is currently generating income with 3 rooms leased at $600/month. The three additional vacant rooms can be leased by the seller prior to closing, subject to the provisions of the Agreement of Purchase and Sale or can be kept vacant if the Buyer so chooses. In 2025, the property generated over $43,000 in gross rental revenue with operating expenses consisting of approximately $1,825 (gas), $3,712 (hydro & water), $2,274.12 (property taxes), $500 (hot water tank rental), and $2,508 (insurance), resulting in an impressive 2025 Net Operating Income (NOI) of $32,700. Located in a high-demand rental area with consistent tenant demand due to its proximity to the University of Windsor, this property offers investors an excellent opportunity to acquire a proven income-producing asset with additional upside through full occupancy. Whether you're looking to expand your investment portfolio or purchase your first cash-flowing property, this is an opportunity you won't want to miss.* MLS Listing Pictures were taken were taken prior to current tenants moving in * * Front porch windows have been damaged and will need to be replaced * (id:374)
Details
| MLS # | 26015669 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1918 |
| Days On Site | 100 |
| Listing Provided By | Royal LePage Key Realty | MELISSA BENNETT |
Features
| Story(s) | 2 |
|---|---|
| Units | 6 |
| Zoning | RES |
Interior
| Heating | Forced air, Natural gas |
|---|---|
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Unknown |
|---|
Parking
| Parking Features | Other |
|---|
Utilities
| Sewer | Unknown |
|---|
Taxes
| Tax Year | 2025 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Windsor |
| Postal Code | N9C1B5 |
| Listing VS Median (in N9C1B5) | |
Price: $389,000 low | high Med: $389,000 On site: 100 low | high Med: 103 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Windsor |
| Postal Code | N9C1B5 |
| Listing VS Median (in N9C1B5) | |
Price: $389,000 low | high Med: $389,000 On site: 100 low | high Med: 103 | |
