I have listed a new property at 143 Barber Street in Winnipeg. See details here
4A//Winnipeg/SS Now! Offers as Received! Asking $50K/unit!! Vendor open to second position VTB with a strong offer. 12 Unit Multi-family for sale with a cap rate of over 10%. 10 Unit apartment building with separately metered Hydro and a side by side duplex with separate utilities have been freshly renovated to be rented again. Buy, put your own tenants in and start making money!! Great location at the corner of Euclid and Barber with many tenants looking to live closer to downtown. Generates $120,000 in gross rent annually with net operating income of $80,000. Great time to buy apartment blocks when the competition is low, in few years, tides will turn and it will become difficult to buy apartment blocks again. Upgrades: duplex roof - 12 years old, half of the apartment building roof completed 4 years ago - approx cost $10K, furnaces and hot water tanks about 9 to 12 years old roughly, new flooring and paint in most units since pictures taken- 2023. Call today to book a showing and to request the proforma! (id:2493)
