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New property listed in Winnipeg

New property listed in Winnipeg

I have listed a new property at 355 Ferry Road in Winnipeg. See details here

5E//Winnipeg/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! (id:2493)

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