525 Spence Street
Multi-Family
for Sale
| Catylist Listing ID: |
30789167 |
| Number of Units: |
6 Units |
| Building Size (RSF): |
4,302 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
6,696 SF
|
| Sale Price: |
$679,900 |
| Unit Price: |
$113,316.67 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/6/2022 |
Overview / Comments
|
Small apartment block - 6 units rarely available! This block was converted into condos in 2011 so much of the building is upgraded. 4 forced air furnaces. Potential to add suite in basement (buyer to do their own enquiries). Owner is selling all 6 condo units. Great opportunity located close to the U of W. Large 54 x 124 foot lot that can fit 6-8 car parking to rent out to University students. 2 - 3 bedroom units, 2 - 2 bedroom units and 2 - 1 bedroom units. Tenants pay hydro. Good rental location.
|
Additional Details
| Nearest MSA: |
Winnipeg |
| Market: |
Winnipeg |
| Submarket/Township: |
5A |
| Tax ID/APN: |
13099069000 |
| Zoning: |
R2 |
| Parking Type: |
Surface |
| Parking Description: |
6-8 |
| Laundry: |
Shared |
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