4A//Winnipeg/Excellent opportunity with positive cash flowing apartment building. Nothing to do, but take over this very well updated & maintained building. Extensively renovated 8 suite apartment in a very quiet area at the dead end of the street, by the Red River. 8 nearly identical one bedroom/one bath units rent for $825/month. There are 7 or 8 parking spots at the east side of the building with power that the city has allowed on this property. Tenants pay $20/monthly for the use of this parking. Upgrades include electrical, plumbing, windows, HVAC heating system, roofing, exterior, parking. Security system and cameras abound this building as well. Each unit shows very well with spacious well appointed kitchens overlooking the good sized living room. Each unit is equipped with interior storage, a 4 pce bathroom and generous sized bedroom with closet space. Tenants pay their own hydro (separate meters), internet, cable, etc. Water & heat is inclusive in rent. An onsite caretaker takes care of the building. Great tenant retention making this investment a virtual low-risk, no-brainer. SHOWS AAA. Call for more details, proforma and other details. CLICK MULTI-MEDIA LINK FOR MORE DETAILS, VIRTUAL TOUR, ETC. (231122358)
Property Type
Single Family
Annual Property Taxes
$7,156.86 (CAD)
Time on REALTOR.ca
17 days
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