11 Suite Apartment FOR SALE ~ ACTIVE!!!!!!

Multi-Family for Sale
Catylist Listing ID: 30385155
Property Subtypes: Mid-Rise
Number of Units: 11 Units
Building Size (RSF): 8,100 SF
Gross Building Area: See Agent
Gross Land Area: 6,240 SF
Sale Price: $1,375,000
Unit Price: $125,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 4/4/2019

Overview / Comments


WOW!!! TLC very evident in this apartment block. FULLY renovated 11 - one bedroom suite apartment block for sale. Nothing to do here but purchase and collect rent! Renovations include; roof, windows, kitchens, appliances, flooring and more.... Well care for and maintained over the years and it shows very well. To schedule showings, 24 hours notice needed and through Listing Agent Only. Offers as received. Won't last long 6% CAP

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $9,549 (Annual)
Potential Rental Income $120,000 (Annual)
Gross Operating Income $109,200 (Annual)
Net Operating Income $79,100 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Zoning: C2
Percent Occupied: 100%
Property Condition: Excellent
Number of Stories: 2
Year Built: 1961
Year Renovated: 2012
Roof Type: Flat
Construction/Siding: Block, Brick, Concrete
Exterior Description: BRICK
Parking Type: Surface
Total Parking Spaces: 8
Laundry: Shared
Heat Type: Natural Gas, Hot Water
Heat Source: Radiant
Fuel: Gas
Interior Description: FULLY RENOVATED - Well maintained and cared for...very evident!
Lot Frontage: 50
Lot Depth: 124
Water Service: Municipal
Sewer Type: Municipal

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Contact

Photograph of Listing Agent

Marco Silvestri

RE/MAX professionals
CPIX® Member
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