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Listed by Addison Herosian • Real Broker
$339,900
Est. payment /mo
3 Beds
2 Baths
1,454 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,454 sqft
Price per Sqft $233
MLS Listing ID 202518156
Style Two Storey
Bedrooms 3
Full Baths 2
Year Built 1912
Property Sub-Type Duplex
Property Description
Showing NOW. Offers ANYTIME!! CALLING ALL INVESTORS!! An incredible opportunity to own a fully renovated duplex in the heart of Winnipeg's West End, perfect for investors or savvy buyers looking to live affordably—live in one unit and pay under $600/month. With projected rents of $1,390 (main floor) and $1,525 (upper unit), this property generates over $2,900/month including utilities, offering a cap rate above 7% and a 21% ROI with just 20% down (see attached pro forma). The main floor features a spacious 1-bedroom unit with a rear mudroom/flex office, while the upper unit offers 2 bedrooms plus a sunroom (potential 3rd bedroom) and a large 7x14 private deck. Each unit has a separate entrance, and the basement includes shared laundry and storage. There are two hydro meters in place, allowing for optional separate billing. With no tenants to assume, a fully updated interior, and a functional layout (see attached floor plan), this is a true cash-flowing, turnkey investment opportunity.
Location
Province MB
Rooms
Other Rooms 11
Basement Full
Interior
Heating Forced Air
Flooring Laminate, Vinyl
Exterior
Exterior Feature Vinyl
Roof Type Shingle
Building
Foundation Concrete
Architectural Style Two Storey
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