1324 Copperfield Place, Windsor, Ontario

About 1324 Copperfield Place

1324 Copperfield Place, Windsor is an investment property within a portfolio. 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:6289)

More Info on this House MLS® listing

1324 Copperfield Place is a house listing for sale in Windsor. The MLS® number is X13544742. It features 3 bedrooms, 3 bathrooms. It's currently listed for $320,000. For more details on MLS® X13544742, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Windsor is available now!

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