No photos available
Investment signal

$1,250,000

4182 Riverside DRIVE East

Beds

4

Baths

4.1

Sqft

Year

1890

Location

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About this home

Iconic waterfront living on Riverside Drive’s prestigious “Golden Mile,” offering a rare opportunity with income potential and truly breathtaking views. This unique property is currently set up as a duplex with additional in-law suite potential, making it ideal for multi-generational living or investors. The lower level offers a self-contained 1 bedroom, 1 bathroom suite with kitchen, formal dining, and a family room with fireplace. The main and lower units share a lower-level laundry area, having separate access to maintain privacy for each space. The main floor has been meticulously renovated and features 2 bedrooms and 2 bathrooms, including a private 2-piece ensuite, along with a stunning kitchen, dining area, living room with fireplace, and beautifully finished living spaces overlooking the river. The upper level offers a separate entrance to a 1 bedroom, 1 bathroom suite complete with its own laundry, kitchen with breakfast nook, spacious living and dining areas, sunroom, and balcony. Each level captures incredible, unobstructed views of the Detroit River. Enjoy passing ships, vibrant sunsets and sunrises, and seasonal views of Belle Isle. Additional features include access to a private park adjacent to the property and a unique historic safe that adds character and charm. A truly special property offering lifestyle, flexibility, and long-term value in one of Windsor’s most sought-after waterfront locations. (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Lot dimensions
49.58 X IRREG / 0.344 AC
Bedrooms
4 above grade, 0 below grade
Stories
1.75
Fireplace
1
On market
Apr 18, 2026
Status changed
Apr 18, 2026
Zoning
RD1.1
Photos
50
MLS#
26008372
Area
WINDSOR

Features and systems

Parking

Detached GarageGarage

Heating

See Remarks

Exterior

Aluminum/Vinyl

Flooring

HardwoodLaminateCarpetedCeramic/Porcelain

Foundation

Block

Lot

Concrete DrivewayFront Driveway

Waterfront

Waterfront
Negative cash flow ~$2,413/mo at these assumptions

Cash on cash

-11.58%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,790

Financing

Down payment$250,000
Loan amount$1,000,000
Mortgage$6,135/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$573
Insurance$80
Maintenance$1,042
CapEx reserve$521
Vacancy loss$313

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Windsor. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $6,135/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.

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