SS now. Pls arrange appointments with 48Hrs notice. Attention investors, builders, and handymen! In the heart of St. James, this property offers a proven record of steady rental income and excellent redevelopment potential. A long-term tenant (20+ yrs) is on month-to-month and happy to stay ideal for reliable cash flow while you plan your next project. Currently rented at $1,175/month, generating approx. $12,000 net annually (7.5% cap rate).The 650+ sq. ft. bungalow includes front and back porches, a central hall with laundry, a bright living room with bow window, eat-in kitchen, and two bedrooms with closets. The fenced yard has parking for two vehicles. Yes, the house needs work but the location is unbeatable! Close to schools, parks, transit, and Polo Park. Whether you renovate, rent, or rebuild, this is a rare opportunity in a high-demand area with strong value growth potential. Don t wait act fast.
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ABOUT THIS Community
Description
Houses for sale in Bourkevale, Bruce Park, Deer Lodge, and St James, Winnipeg have communities that form part of a greater city area, considered St James/Assiniboia. It is a place that has no shortage of shops, restaurants, and a mix of rather quaint neighbourhoods that run either toward the Assiniboine River, and are thereby more pricey, or further north into nice quite streets that are studded with parks. The area is thus a mix of affluence, particularly in the St. Charles Country Club area around the river, to middle class, to more working class in the areas in and around the Winnipeg Airport.
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School Information
School divisions generally include multiple MLS® areas. Other schools within the same school division may also serve this area and the following schools are within this MLS area:
