Our Agents' Listings

558 Manitoba Avenue
4A Winnipeg R2W 2G8

$199,900
Industrial / Commercial / Investment built: 1907

Main Photo: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 1: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 2: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 3: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 4: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 5: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 6: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 7: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 8: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 9: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 10: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 11: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 12: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Photo 13: 558 Manitoba Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202126868
Status:
Active
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
202126868
Build. Type:
Four-Plex
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.
4A / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Multi-Family for Sale
Building type:
Four-Plex
Year Built:
1907 (Age: 114)
Age Description:
Older
Depth:
107'
Frontage:
33'
Building Area:
2,016 sq. ft.
Heating:
Forced Air
Parking:
Rear Drive Access, Unpaved Driveway
Total Parking Spaces:
4
Storeys:
2.0
Construction:
Wood Frame
Public Transportation
Basement, Private Bathrooms, Separate Entrances, Separately Metered Hydro
Natural Gas
Tenant pay for:
Hydro
Legal Plan:
37/38
Legal Lot:
531
Legal Description:
53
Title to Land:
Freehold
Building Plans:
0
Number of Buildings:
1
Number of suites:
4
Number of Units:
4
1-Bedroom Units:
3
2-Bedroom Units:
1
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Data was last updated December 3, 2021 at 02:35 AM (UTC)
ROYCE FINLEY