4A//Winnipeg/Rarely available investment opportunity! This unique income-producing property features 5 separately metered rental units across 3 buildings on one title, offering excellent cash flow and future potential. Boasting nearly 75 feet of frontage, the property may present future redevelopment opportunities (buyer to conduct their own due diligence). Home to mostly long-term tenants, this well-maintained investment has seen extensive updates over the years, including electrical, plumbing, roofing, furnaces, hot water tanks, and many interior renovations, leaving very little left to do. Currently generating $4,075/month plus utilities. With five occupied units, 24 hours' notice is required for all showings. Some tenants may be able to accommodate easier access. Currently $4,100/mth rental income includes utilities. (id:4069)
Address
545 Flora Avenue
List Price
$189,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
Manitoba
Sub-Area
Winnipeg
Frontage Length
75 ft
MLS® Number
202617136
Listing Brokerage
RE/MAX EXECUTIVES REALTY
Postal Code
R2W2S3
Ownership
Freehold
Heat Type
Forced air
