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572 Magnus Avenue
4A Winnipeg R2W 2C7

$289,900
Industrial / Commercial / Investment

Main Photo: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 1: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 2: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 3: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 4: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 5: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 6: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 7: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 8: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 9: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 10: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 11: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 12: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 13: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Photo 14: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
Status:
Active
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
202400980
Build. Type:
Four-Plex
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'
Frontage:
33'
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
  • Photo 1: 572 Magnus Avenue in Winnipeg: Industrial / Commercial / Investment for sale (4A)  : MLS®# 202400980
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Listed by Royal LePage Prime Real Estate
Data was last updated May 26, 2024 at 06:35 PM (UTC)
DARRYL WALSH