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 698 Furby. (231552894)
Property Type
Multi-family
Building Type
Multi-Family
Time on REALTOR.ca
53 days
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