I have listed a new property at 1120 Alexander Avenue in Winnipeg. See details here

5D//Winnipeg/Showings Start Now, Offers Anytime! CALLING ALL INVESTORS! Excellent opportunity to add ANOTHER multifamily property to your growing portfolio in a well established neighbourhood! Discover this solid and income-boosting DUPLEX in Weston, perfectly situated between Logan Avenue and McPhillips Street. Built in 1959, this two-family property features fully separated utilities and large, newly updated up/down suites, each offering 2 bedrooms and 1 bathroom. Enjoy renovated spaces throughout, including upgraded windows, separate high-efficiency furnaces, custom maple kitchen cabinetry, refinished hardwood floors, modern bathrooms, and more.A major bonus: the previous owner secured zoning compliance and a development permit for a THIRD basement suite (approx. 1,000 sqft). With egress windows already upgraded, the next owner simply needs to pull permits to unlock even more rental potential.Current gross rent sits at $2,600/month, with easy room to increase to around $3,000/month under new ownership. Adding the third suite brings projected revenue to up to $4,500/month, making this an exceptional opportunity for any investor looking to maximize returns.Call your agent today to book a private tour! (id:2493)