Showing NOW | Offers ANYTIME! | Incredible investment opportunity!!! Running at a TRUE 7.2% CAP RATE! (See attached Proforma!) With management fees, vacancy and repairs all factored into the equation! This is not your typical investment property, this is a TRUE MONEY MAKER! Cash flow over $1000/m with 20% down!! This fully updated "duplex" functions as a triplex with nearly 3,000 sq ft of total living space and three separate suites, each with their own in-suite full-size washer and dryer. The top floor unit offers 3 bedrooms and 1 bathroom (rented for $1,950/month), the main floor features 2 bedrooms and 1 bathroom (approx. $1,650/month, to be confirmed), and the basement is a 1 bedroom, 1 bathroom owner s suite (rented for $900/month), generating $4,500/month in gross rental income. All utilities and water are paid by the landlord, and the property includes rear parking for 4 vehicles. Whether you're an investor seeking strong cash flow or a savvy buyer looking to live in one unit while the others pay your mortgage, this property delivers unbeatable value at just $519,900. Newer Furnace, HWT, Windows, Roof, Electrical & Appliances & SO MUCH MORE! TURN KEY!
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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.
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:
