Excellent multi-unit investment opportunity located near the University of Windsor in a high-demand rental area. This well-maintained income property offers 17 units, including 12 one-bedroom and 5 bachelor units. 16 units occupied, providing steady rental income with positive cash flow and a strong cap rate, with significant upside through rent increases and value-add potential. Many units are currently rented below market, offering an excellent opportunity to improve returns over time. On-site laundry and parking add convenience for tenants. Located close to transit, shopping, schools, and everyday amenities, making it ideal for long-term rentals. A solid option for investors seeking stable income and future growth.
PROPERTY SPECS
Price $2,290,000
City Windsor, Ontario
Address 1655 Rooney Street
Listing ID 26002108
Construction Brick
Roof Asphalt
Flooring Ceramic or Porcelain, Cushion or Lino or Vinyl, Hardwood or Engineered Hrwd, Mixed Flooring
Type Multi-Family
Status For Sale
EXTENDED FEATURES
SubtypeOver 12 UnitsOwnershipFreeholdBuilding AmenitiesBalcony/Deck/Patio, Laundry Facility, Public Transportation NearbyFoundationBlockHeating / CoolingBaseboard Heaters, Heat PumpHeating FuelElectricHot Water TankGasUtility WaterMunicipal WaterSewerSanitaryDate ListedJan 30, 2026Days on Market41ParkingPaved