$249,900

Investment For Sale In Spence, Winnipeg, Manitoba

$249,900

Property Information:

5A//Winnipeg/Do you like making money? ASK FOR PROFORMA - $44,172 NET . Potential for $50,772 NET . This highly profitable, self-sufficient, fully licensed investment property in the West End, just mins from the University of Winnipeg, might be exactly what you re looking for. With 7 units and a reliable live-in caretaker already in place, this is truly a hands-off ownership opportunity. Current caretaker is a jack-of-all-trades who takes immense pride in the property, its tenants, & the neighbourhood. They're responsible for rent collection, tenant sourcing, evictions, day-to-day repairs & maintenance, successful fire safety inspections, & more (and would like to stay). Each unit has its own kitchenette, with shared bathrooms. Plus a 3 bed, 1 bath separate caretaker suite. Backyard is fenced with a secure, gated parking area. The existing tenants have been carefully selected, resulting in a respectful and safe living environment. Recent upgrades incl furnace (25) & 60-gallon water tank (22), both with transferrable parts warranties. If you're looking for a cash-flowing property with a trusted caretaker and a proven track record, this one delivers. Seller open to vendor financing for the right buyer. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1903
  • Irregular: Yes
  • Lot Depth: 92.0 Feet
  • Lot Frontage: 49.0 Feet
  • Lot Size: 49 x 92
  • Parking Type: Parking pad

Courtesy of: Royal LePage Prime Real Estate

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