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New property listed in 4A

New property listed in 4A

I have listed a new property at 572 Magnus AVE in Winnipeg. See details here

Attention all potential investors! This opportunity won't last long, so act quickly. This legal 4-plex is a purpose-built bilevel from the 1970s, featuring all large 2-bedroom / 1-bathroom suites with a spacious living room and kitchen. The property is under professional management, ensuring a smooth and stress-free experience. The property features high-efficiency furnaces that were newly installed in 2017, along with hot water tanks. There is also a new fully fenced parking pad with a locking gate. The property was landscaped in 2020, and a new roof was installed in 2019. Additionally, the fire alarm panel was replaced in 2018.Most of the flooring and windows have been updated, and the kitchen has granite countertops. The location is highly convenient, with easy access to the bus route and proximity to a laundromat and food options, making it an attractive rental location. LED motion security lights provide added safety and security.This property meets the rule of 1%, with a cash flow $250 per door.

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