Photo Main Photo of the property
$239,900
ULS: 13759586

Triplex for sale - Windsor

119 - 123 Rue St-Georges, Windsor
Welcome to this exceptional real estate investment opportunity in Windsor, right in the heart of the city. This triplex, currently for sale, is a three-unit rental building, comprising three 4 and a half apartments, but with an interesting feature: the ground floor has a basement, offering a living space spacious equivalent to a 6.5 room apartment. Located in an ideal location, this triplex stands out for its proximity to all the city's amenities, making it a sought-after place of residence for many tenants. In addition, it has parking spaces located at the rear which offers you greater tranquility in the accommodation.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 2,345 ft²

Property features

2 Bedrooms
1 Bathroom

GHYSLAIN LAFLEUR

Real Estate Broker

RE/MAX D'ABORD INC.

Welcome to this exceptional real estate investment opportunity in Windsor, right in the heart of the city. This triplex, currently for sale, is a three-unit rental building, comprising three 4 and a half apartments, but with an interesting feature: the ground floor has a basement, offering a living space spacious equivalent to a 6.5 room apartment.

Located in an ideal location, this triplex stands out for its proximity to all the city's amenities, making it a sought-after place of residence for many tenants. In addition, it has parking spaces located at the rear of the building, which facilitates rental for tenants and guarantees practical living comfort.

The current tenants are stable, which is a major asset for any investor looking to acquire a rental property. In addition, the building has been well maintained, ensuring a worry-free investment for the potential buyer.

In order to preserve the peace of mind of tenants, visits to the building will only be planned following an accepted promise to purchase. This ensures a respectful visiting experience for everyone.

Regarding the profitability of this investment, the building generates an annual gross income of $26,100. After deducting fixed expenses, net income is $17,633. This makes this triplex a financially attractive opportunity for investors looking for a solid return on investment.

Don't delay in inquiring about this opportunity, as a well-located, well-maintained rental property with stable tenants is a rare find. Contact us for more information and to schedule a visit following an accepted promise to purchase. Don't hesitate to take advantage of this unique opportunity to grow your real estate portfolio in the charming town of Windsor.
Dimensions 27' X 38' irr.
Year constructed Unknown
Living area 2,345 ft²
Windows PVC, Aluminum, Wood
Window Type Sliding, Casement, Guillotine
Siding Aluminum
Roofing Asphalt shingles
Dividing Floor Wood
Washer/Dryer (installation) Other
Kitchen Cabinets Wood
Basement Partially finished, Outdoor entrance, 6 feet and more
Lot size 42' X 84'
Lot area 3,575.40 ft²
Topography Flat
Driveway Unpaved
Parking (total) Driveway (4)
Proximity Elementary school, High school

Unit 1 (Monthly residential revenue)

Kitchen
Level: 1st level/Ground floor
Dimensions: 16'2" X 12'0"
Flooring:
Details: Open space
Living room
Level: 1st level/Ground floor
Dimensions: 12'7" X 12'4"
Flooring: Laminate floor
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 11'11" X 7'9"
Flooring: Wood
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 12'8" X 10'5"
Flooring: Wood
Details: Front facing
Bathroom
Level: 1st level/Ground floor
Dimensions: 11'1" X 7'8"
Flooring: Ceramic
Details: Washer/Dryer
Family room
Level: Basement 1
Dimensions: 20'5" X 7'10"
Flooring: Laminate floor
Details: no window
Storage
Level: Basement 1
Dimensions: 23'5" X 11'2"
Flooring: Concrete
Details:
Salle mécanique fournaise
Level: Basement 1
Dimensions: 11'8" X 10'10"
Flooring: Concrete
Details: exterior exit
Storage
Level: Basement 1
Dimensions: 11'8" X 3'5"
Flooring: false floor
Details:

Unit 2 (Monthly residential revenue)

Kitchen
Level: 2nd level
Dimensions: 12'2" X 9'7"
Flooring:
Details: With dining room
Living room
Level: 2nd level
Dimensions: 12'3" X 9'2"
Flooring:
Details:
Primary bedroom
Level: 2nd level
Dimensions: 13'10" X 9'5"
Flooring:
Details:
Bedroom
Level: 2nd level
Dimensions: 8'10" X 7'7"
Flooring: Laminate floor
Details:
Bathroom
Level: 2nd level
Dimensions: 6'1" X 3'9"
Flooring: Ceramic
Details:
Storage
Level: 2nd level
Dimensions: 8'0" X 5'6"
Flooring:
Details:

Unit 3 (Monthly residential revenue)

Kitchen
Level: 3rd level
Dimensions: 11'8" X 9'9"
Flooring:
Details: Wash/Dry. With dining room
Living room
Level: 3rd level
Dimensions: 11'7" X 9'9"
Flooring:
Details:
Bedroom
Level: 3rd level
Dimensions: 10'3" X 8'4"
Flooring:
Details:
Bedroom
Level: 3rd level
Dimensions: 10'1" X 9'4"
Flooring: Tiles
Details:
Bathroom
Level: 3rd level
Dimensions: 6'1" X 4'10"
Flooring: Tiles
Details:
Heating System Hot water, Electric baseboard units
Heating Energy Electricity, Heating oil
Water Supply Municipality
Sewage System Municipality
Occupancy Triple

Financial details

Municipal assessment (2024)

Lot assessment
$ 19,900
Building assessment
$ 81,400
Total
$ 101,300

Taxes

Municipal (2024)
$ 2,564
School (2023)
$ 45
Total
$ 2,609

Annual expenses

Insurance
$ 1,262
Snow removal
$ 345
Total
$ 1,607

Energy expenses

Heating oil
$ 3,142
Total
$ 3,142

Gross annual revenues (potential)

Residential
$ 26,100
Total
$ 26,100

Inclusions

Items included in rented accommodations that belong to the landlord.

Exclusions

Personal effects of tenants and owner.

Desjardins

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