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Home MB Greater Winnipeg Division No. 11 Winnipeg Spence
698 Furby Street
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698 Furby Street $1,375,000
$1,375,000
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698 Furby Street
Winnipeg, Manitoba R3B2W2

MLS® Number: 202527201
0
Bathrooms
-
Square Feet

Listing Description

5A//Winnipeg/Minimum 48-Hours notice for showings. Offers as Received. This fully leased 16-Unit building consists of many long-term tenants close to many amenities such as grocery stores, public transportation, medical facilities, schools of all levels, and close proximity to downtown. Many recent updates such as PVC windows throughout, electrical, plumbing, laminate/tile flooring, kitchen & bathrooms updated with modern cabinets, vanities, and fixtures. Coinmatic on-site laundry allowing for an additional income stream. Each unit individually metered for hydro. Landlord is responsible for paying heat & water. Average rent is $757/month. This building is an excellent candidate to qualify for the CMHC MLI Select with 5% down & 50-year amortization due to the recent updates & rents aligning with affordability requirements. This financing method could return 100% of the initial capital investment in the first few years of ownership and presents significant cashflow upside. Call your agent to book a showing. Buyer is responsible for their own due diligence. Can be purchased with 722 Furby. (231552303)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Title
Freehold
Land Size
5926 sqft
Time on REALTOR.ca
53 days

Building

Bathrooms
Total
0

Land

Lot Features
Frontage
49 ft
Land Depth
120 ft
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