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New property listed in Winnipeg

New property listed in Winnipeg
I have listed a new property at 661 Selkirk Avenue in Winnipeg.
4A//Winnipeg/SS Now - Offers April 18, 2022 at 7PM. Are you looking for an equity building project this summer!? Look no further! This multi-use building with 1 commercial unit and 4 residential units is on the market for the right investor. Potential to pull out over $100K in equity!! ARV is estimated to be around $350K when fully redone. One of the residential units had a fire and there looks to be no structural damage to the unit and the other units have suffered damages from break-ins. Commercial unit has separate entrance from the front and residential suites have an entrance from the side of the building with the 2 BR unit having access from the back of the building. There is also a newer garage at the back of the building that can be utilized for parking or storage. 6 Hydro meters on the building, Hydro & Heat for tenants can be separated when rewiring and landlord pays water. Over 10% CAP RATE! Proforma in supplements. Buyer to conduct their own due diligence. Sold as is. Inside Pics available. Call today! (id:2493)
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