1747-1767 University Avenue W, Windsor, Ontario

$4,650,000

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0.29

Acres

About 1747-1767 University Avenue W

Marla Manor presents an exceptional opportunity to acquire a 34-unit mixed-use asset in Windsor's University District. This five-storey, elevator-served building features 32 residential suites plus 2 street-front commercial units, with a suite mix of 1x bachelor, 10x 1 bed, 17x 2 beds and 4x 3 beds. The property offers strong in-place income today, complemented by meaningful value-add potential. With six current vacancies available for lease-up and additional rental upside across the existing portfolio, a purchaser has the opportunity to grow income while acquiring an already established and performing asset. Marla Manor has benefited from significant capital investment over the years, including exterior brick, window and roof-ledge waterproofing, upgraded fire alarm system, backflow and water-valve replacements, and continued suite improvements. Additional features include a 20-space underground parking garage, coin laundry, buzzer entry, and security cameras. Ideally positioned minutes from the University of Windsor and Ambassador Bridge, with transit, retail and everyday amenities nearby, the property offers a compelling combination of scale, location, current income and future upside. (id:6289)

More Info on this Multi-Family MLS® listing

1747-1767 University Avenue W is a multi-family listing for sale in Windsor. The MLS® number is X14124258. It's currently listed for $4,650,000. For more details on MLS® X14124258, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in Windsor is available now!

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Features of 1747-1767 University Avenue W

Listing # X14124258
Price $4,650,000
Acres 0.29
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 1747-1767 University Avenue W
City Windsor
Province Ontario
Postal Code N9B1C5

Amenities

Features Elevator
Parking Spaces 20
Parking Underground
Garages Underground
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Dryer
Heating Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description 0.288

Additional Information

Zoning CD2.2

Listing Details

OfficeRE/MAX MILLENNIUM REAL ESTATE

Listing Map

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