Address
558 Manitoba AVE Winnipeg, MB
Price
$ 199,900
Property Attributes
  • ID#202126868
  • TypeCommercial
  • CityWinnipeg
  • NeighbourhoodWilliam Whyte
  • Postal CodeR2W 2G8
  • StyleMulti-Family for Sale
  • Price$ 199,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size3,548 SqFt
Listing Provided Courtesy Of:
ROYCE FINLEY with Royal LePage Prime Real Estate
Data Source:
RLP - CREA EN
Property Description

CASH COW!! Offers presented as received. Calling all investors & handymen. Cash flow potential is here all day long with some work to do. This 4 unit building needs TLC but once touched up your investment will work for you. Just over 2000 sqft this building consists of 3- 1 bdrm units with 1- 2 bdrm. Currently 3/4 units are occupied. Rents are as follows: Unit 1 - $950 Unit 2: $850 Unit 3: $700 Unit 4 - Vacant. Current Revenue per month is $2500. With the potential for this building to bring in $3250+/MONTH, this building could have your initial investment paid off in just 7 years time. WOW! Building offers 4 electrical meters so tenants pay their own electrical utilities. Building has 2 gas meters with newer high efficient furnaces. 1 water meter in building. Check proforma to see the numbers breakdown. Recent renovations included 2/4 bathrooms being redone. It is not everyday you can buy a four-plex for $200,000.. Call today to book your private showing.

Exterior Features

Lot Frontage 33
Lot Size 3548
Jumpid 16496009
Mls 202126868

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in R2W 2G8

Price
AVG $200K
$200K
Visits
AVG 46
45
Year Built
AVG 1907
1907
Walkscore
AVG 57
57
Data Provided by Walkscore ® not using MLS data