Winnipeg, MB R3J1W3,355 Ferry Road
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$ 519,900
Est. payment /mo
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355 Ferry Road Winnipeg, MB R3J1W3

6 Beds

3 Baths

1,976 SqFt


UPDATED:

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


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Angie Hartmann

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355 Ferry Road