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Listed by Addison Herosian • Real Broker
$ 519,900
Est. payment /mo
New
355 Ferry RD Winnipeg, MB R3J 1W3
6 Beds
3 Baths
1,976 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $263
MLS Listing ID 202518295
Style Two Storey
Bedrooms 6
Full Baths 3
Year Built 1962
Property Sub-Type Duplex
Property Description
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!
Location
Province MB
Rooms
Other Rooms 15
Basement Full
Interior
Heating Forced Air
Flooring Vinyl Plank
Exterior
Exterior Feature Brick, Stucco
Roof Type Shingle
Building
Foundation Concrete
Architectural Style Two Storey