5 Units for Sale on Selkirk Avenue

Multi-Family for Sale
Catylist Listing ID: 30797404
Property Subtypes: Mixed Use
Number of Units: 5 Units
Building Size (RSF): 2,000 SF
Gross Building Area: See Agent
Gross Land Area: 3,487 SF
Sale Price: $99,900
Unit Price: $19,980 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

SS Now - Offers April 18, 2022 at 7PM. Are you looking for an equity building project this summer!? Look no further! This multi-use building with 1 commercial unit and 4 residential units is on the market for the right investor. Potential to pull out over $100K in equity!! ARV is estimated to be around $350K when fully redone. One of the residential units had a fire and there looks to be no structural damage to the unit and the other units have suffered damages from break-ins. Commercial unit has separate entrance from the front and residential suites have an entrance from the side of the building with the 2 BR unit having access from the back of the building. There is also a newer garage at the back of the building that can be utilized for parking or storage. 6 Hydro meters on the building, Hydro & Heat for tenants can be separated when rewiring and landlord pays water. Over 10% CAP RATE! Proforma in supplements. Buyer to conduct their own due diligence. Sold as is. Building size approximate. Inside Pics available. Call today!

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 14010393000
Zoning: C2
Property Condition: Good

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Photograph of Listing Agent

Nav Khakh

Ember Realty Group Ltd.
CPIX® Member
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