SS Now. Offers ANYTIME!!! Investor alert! This 1980s-built bi-level duplex is a cash flow machine with solid construction and large basement windows offering a major upgrade from typical early 1900s homes in the area. The main unit features 3 bedrooms, 1 bath, and has been updated with new windows, flooring, paint, and bathroom, previously rented for $1,700/month (utilities included). The lower unit is a bright, renovated 2-bedroom, 1-bath suite that rented for $1,300/month (utilities included). Both units share a common space with coin-op laundry generating an additional $100/month. Average hydro is $239/month and water is $150/month. Parking for 3 vehicles, fully fenced yard, and a prime location near the University of Winnipeg make this an ideal student rental. Pro forma shows over a 7% cap rate, over $700/month in cash flow, and a 18.89% ROI with 20% down place your own tenants and set your own rents! All this located on a great mid block location with well kept homes and great neighbours!!!
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ABOUT THIS Community
Description
Houses for sale in West Broadway and West End, Winnipeg have communities that have experienced a notable revitalization of late. Numerous urban beautification projects have been undertaken. Attractions in the area include, the University of Winnipeg, Vimy Ridge Memorial Park, Omand's Creek and Park, Westview Park, and the Sargent Park Recreation Complex, as well as many houses, apartment buildings, schools, and an armoury with significant architectural merit.
The greater area of the city including these areas are some of the most charming and eclectic neighbourhoods in Winnipeg. The area is filled with 100-year-old houses with beautiful front gardens, trails along the Assiniboine River, and friendly neighbours. The West End is home to over 1000+ small businesses including over 150 restaurants representing many cultures from around the world.
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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:
