355 Ferry Road new Save Request In-Person Tour Request Virtual Tour
Winnipeg,MB R3J1W3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $263
Subdivision St James
MLS Listing ID 202518295
Bedrooms 6
Year Built 1962
Property Sub-Type Freehold
Source Winnipeg Regional Real Estate Board
Property Description
5E//Winnipeg/Showing NOW | Offers ANYTIME! | Incredible investment opportunity!!! Running at a TRUE 7.2% CAP RATE! (See attached Proforma!) With management fees, vacancy and repairs all factored into the equation! This is not your typical investment property, this is a TRUE MONEY MAKER! Cash flow over $1000/m with 20% down!! This fully updated "duplex" functions as a triplex with nearly 3,000 sq ft of total living space and three separate suites, each with their own in-suite full-size washer and dryer. The top floor unit offers 3 bedrooms and 1 bathroom (rented for $1,950/month), the main floor features 2 bedrooms and 1 bathroom (approx. $1,650/month, to be confirmed), and the basement is a 1 bedroom, 1 bathroom owner s suite (rented for $900/month), generating $4,500/month in gross rental income. All utilities and water are paid by the landlord, and the property includes rear parking for 4 vehicles. Whether you're an investor seeking strong cash flow or a savvy buyer looking to live in one unit while the others pay your mortgage, this property delivers unbeatable value at just $519,900. Newer Furnace, HWT, Windows, Roof, Electrical & Appliances & SO MUCH MORE! TURN KEY! (id:24570)
Location
Province MB
Rooms
Kitchen 3.0
Extra Room 1 Basement 8 ft ,6 in X 10 ft Primary Bedroom
Extra Room 2 Basement 9 ft X 11 ft Kitchen
Extra Room 3 Basement 12 ft X 12 ft Living room
Extra Room 4 Main level 10 ft X 10 ft Primary Bedroom
Extra Room 5 Main level 9 ft X 9 ft Bedroom
Extra Room 6 Main level 10 ft X 10 ft Kitchen
Interior
Heating High-Efficiency Furnace,Forced air
Cooling Central air conditioning
Flooring Vinyl Plank
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold