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572 Magnus Avenue
4A
Winnipeg
R2W 2C7
$289,900
Industrial / Commercial / Investment
- Status:
- Active
- Prop. Type:
- Industrial / Commercial / Investment
- MLS® Num:
- 202400980
- Build. Type:
- Four-Plex
- Photos (14)
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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.
- 4A / -
- For Sale:
- Yes
- For Lease:
- No
- Property Type:
- Industrial / Commercial / Investment
- Property Sub Type:
- Multi-Family for Sale
- Building type:
- Four-Plex
- Year Built:
- 1972 (Age: 52)
- Age Description:
- Older
- Depth:
- 108'32.918 m
- Frontage:
- 33'10.058 m
- Heating:
- Forced Air, Natural Gas
- Parking:
- Parking Pad, Surface
- Total Parking Spaces:
- 2
- Storeys:
- 2.0
- Security:
- 1
- Construction:
- Wood Frame
- Fenced, Public Transportation
- Fully Serviced
- Title to Land:
- Freehold
- Building Plans:
- 0
- Number of Buildings:
- 1
- Sprinkler system:
- 0
- Number of suites:
- 4
- Number of Units:
- 4
- 2-Bedroom Units:
- 4
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Listed by Royal LePage Prime Real Estate
Data was last updated April 27, 2024 at 06:35 PM (UTC)
- DARRYL WALSH
- ROYAL LEPAGE PRIME REAL ESTATE
- 204-297-0860
- darrylwalsh@royallepage.ca
The enclosed information while deemed to be correct, is not guaranteed.