Our Agents' Listings

197 Kitson Street
Norwood Winnipeg R2H 0Z4

$529,900
Industrial / Commercial / Investment

Main Photo: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 1: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 2: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 3: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 4: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 5: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 6: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 7: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 8: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 9: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 10: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 11: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 12: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 13: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 14: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 15: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 16: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 17: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 18: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 19: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 20: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 21: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 22: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 23: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 24: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 25: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 26: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 27: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 28: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 29: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Photo 30: 197 Kitson Street in Winnipeg: Norwood Industrial / Commercial / Investment for sale (2B)  : MLS®# 202323715
Status:
Active
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
202323715
Build. Type:
Tri-Plex
After 30 years of ownership, introducing this TRIPLEX investment opportunity in the sought-after neighborhood of Norwood and featuring a 6.05% CAP RATE. Nestled on a prime 50ft lot and feat two 2-bed units and one 1-bed + den unit, catering to a variety of tenants. Independent hydro meters for each unit, the property offers convenience and easy management. Thoughtfully designed layout ensures comfortable living spaces for tenants, promoting long-term occupancy and profitability. Four outdoor parking stalls in the rear, supplemented by ample street parking out front. Convenient access to transportation, schools, and other nearby amenities. This is an exceptional opportunity for savvy investors seeking stable rental income and long-term growth potential. Don't miss out on the chance to own a valuable property in highly desirable Norwood. Act now to secure your foothold in the thriving real estate market. Contact us today to arrange a viewing and seize this lucrative investment opportunity before it's gone.
2B / Norwood
Mapped Correctly
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Multi-Family for Sale
Building type:
Tri-Plex
Age Description:
Older
Depth:
122'
Frontage:
50'
Heating:
Forced Air
Parking:
Parking Pad
Total Parking Spaces:
4
Storeys:
3.0
Construction:
Wood Frame
Fenced
Gross Income:
43440.0
Net Income:
32066.0
Insurance expenses:
3135.0
Total Expenses:
11374.0
Title to Land:
Freehold
Number of Units:
3
1-Bedroom Units:
1
2-Bedroom Units:
2
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Data was last updated September 25, 2023 at 08:36 AM (UTC)
JÉRÉMIE NANTEL
JAYESH GULIANI