Real Estate Limited, Brokerage
333-335 RANDOLPH - $999,933
PURPOSE BUILT 4-PLEX
INCOME
333 Upper
333 Lower
335 Upper
335 Lower
ACTUAL
3-Bedroom Apartment $2,000.00/m all incl. (leased until April 30/24)
2-Bedroom Apartment $2,000.00/m all incl. (leased until April 30/24)
3-Bedroom Apartment $1,975.00/m all incl. (leased until July 31/24)
3-Bedroom Apartment $1,800.00/m all incl. (leased until April 30/24)
Total
$7,775.00/m
GROSS INCOME
EXPENSES
Property Tax
Insurance
Hydro
Water
Gas
Internet
2 Herby Curby Garbage Containers
Total Expenses
POTENTIAL
$2,100.00 +hydro/gas
$2,100.00 +hydro/gas
$2,100.00 +hydro/gas
$2,100.00 +hydro/gas
$8,400.00/m +hydro/gas
ACTUAL (2023)
POTENTIAL
$93,300.00
$100,800.00
$5,780.19
$3,621.00
$2,865.78
$2,184.88
$3,689.50
$1,084.08
$ 162.48
$19,387.91
Net Income
$73,912.09
Return on Investment (ROI)
8.64%
Cap Rate
7.39%
Cash Flow (25% down, 5.5% interest, 30-year amort.) $ 1,930.05/month
$23,160.56/year
The information contained herein is deemed to be accurate but is not guaranteed
4955 Riverside Dr East, Suite 206, Windsor, Ontario N8Y-5A3
Ph: 519-252-3200 Fax: 519-790-0010 www.JohnMinovski.com
$5,780.19
$3,621.00
$
0.00
$2,184.88
$
0.00
$1,084.08
$ 162.48
$12,832.63
$87,967.37
13.89%
8.80%
$ 3,101.32/month
$37,215.84/year
NOTES
*Purpose Built Full Brick 4-Plex Steps to the University of Windsor
*Features 3-3 Bedroom Apartments, 1-2 Bedroom Apartment
*Huge Storage Room & Workshop in the Basement
*Full Basement w/Full Sprinkler/Fire Suppression System
*Full Laundry Room with 2 Washers, 2 Dryers
*4 Hydro Meters, 4 Gas Meters, 4 Gas Furnaces, 4 Central Air Conditioners, 4 Hot Water Tanks
*14 Parking Spots, 2 on the Driveway + 3 Permits Allowed Per Unit for Street Parking from the City of Windsor
*Close to Bus Routes, Parks, Schools, the Waterfront, Walking Trails & all Conveniences
*Included in the Price are 4 Fridges, 4 Stoves, 2 Washers, 2 Dryers, 4 Microwaves, 4 Hot Water Tanks,
4 Nest Thermostats and all Furniture belonging to the Seller including some Beds, Desks, Chairs, Dressers,
Sofas, Tables, etc.
*Extensively Renovated over the Years
*This is a Turn Key Investment with No Vacancies
UPDATES
-4 Updated Bathrooms, 2 in 2015, 2 in 2016
-Updated Plumbing Throughout
-4-100-amp Services, all Electrical is ESA Certified Aug. 2023
-4 Updated Forced Air Gas Furnaces – 2015
-New Oak Stairs 2015
-Updated 3 Central Air Conditioners 2014, 2021, 2021
-Replaced 2 Hot Water Tanks 2014, 2015
-Roof & Eavestroughs Replaced 2011 w/50 Year Shingles
-Vinyl Windows Throughout – 2008, 2009
The information contained herein is deemed to be accurate but is not guaranteed
4955 Riverside Dr East, Suite 206, Windsor, Ontario N8Y-5A3
Ph: 519-252-3200 Fax: 519-790-0010 www.JohnMinovski.com