Investment opportunity in a prime location! Welcome to 30 4th Street SE in Portage la Prairie, a solid two-storey brick building offering two self-contained suites and a proven rental history. Situated within walking distance to shopping, employment opportunities, Red River College Polytechnic, the hospital, and more, this property is well-positioned for both investors and owner-occupants. The main floor suite features a spacious living room, an eat-in kitchen with fridge and stove, a 4-piece bathroom, and a comfortable bedroom with in-suite laundry and additional storage space. The second-floor suite offers a bright living room, an eat-in kitchen with fridge and stove, two bedrooms, and a 4-piece bathroom with washer and dryer included. The basement includes storage rooms, providing extra usable space for tenants or owners alike. Additional highlights include front and back porches, parking for up to six vehicles at the rear, separate hydro meters, a metal roof, some newer windows, and a mix of original hardwood floors, moldings, and trim that add character to the property. Live in one unit and rent the other, or rent both for a strong revenue stream. 24 hours' notice for all showings. Zoned R3.
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ABOUT THIS Community
Description
In terms of cost of living, Portage la Prairie offers a significantly lower expense profile when factoring in essentials such as housing, groceries, transportation, and utilities compared to the national average.
Employment in the area is characterized by a higher median household income and per capita income, along with lower unemployment rates, resulting in a robust employment landscape.
In housing, this area distinguishes itself with high ratings, likely due to a favorable home affordability ratio and increasing home values that enhance its appeal.
Regarding health and safety, the region benefits from excellent air quality and the availability of local health facilities, including hospitals and clinics, which together contribute to a score that surpasses the average.
As for education, the schools here receive commendations for exceptional test scores, elevated educational attainment, and the convenient location of both elementary and high schools, leading to a strong reputation in the educational sector.
Real Estate Statistics
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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:
