248 RANKIN, Windsor, Ontario, N9B2R5

Property Description

ATTENTION INVESTORS: POSITIVE CASH FLOW in the heart of UWindsor district! This solid all-brick 5+1 bed, 2 bath home is a turn-key investment, featuring a single lease with reliable long-term graduate tenants who pay utilities. Financial package and pro-forma statements showing massive upside potential available upon request. Updated kitchen with newer cabinetry and stone countertops. Walk-out bsmt with second kitchen (currently not in use), and vacant bedroom. Potential for a future basement unit. Buyer to verify all information and do their own due diligence. Premium lot backing onto a park with no rear neighbors, offering rare privacy in the university area. Short walk to Riverside, parks, transit, and amenities. Investment or owner-occupier opportunity in a high-demand rental location. In a shifting rental market, having a pre-vetted, stable tenant base is your best hedge against vacancy risks. Growing EV battery plant industrial corridor, ensuring long-term appreciation. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 6 (5 above, 1 below)
• Bathrooms: 2
• Ownership: Freehold
• Attached: No

Listing Provided by: REMAX CAPITAL DIAMOND REALTY
Board: Windsor-Essex County Association of REALTORS®
Data provided via CREA DDF®.