143 Barber St - 12 Unit Multi-family - 10% Cap rate
Multi-Family
for Sale
| Catylist Listing ID: |
30832223 |
| Property Subtypes: |
Duplex/Fourplex, Other
|
| Number of Units: |
12 Units |
| Building Size (RSF): |
8,500 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
7,889 SF
|
| Sale Price: |
$799,900 - 789,900 |
| Unit Price: |
$66,658.33 Per Unit |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
10.0% |
| Last Updated: |
3/7/2023 |
Overview / Comments
|
SS Now! Offers as received. PRICE DROP OFF $50K. SELLER WANTS SOLD!! Seller to open to second position VTB. 12 Unit Multi-family for sale with a cap rate of 10%. 10 Unit apartment building with separately metered Hydro and a side by side duplex with separate utilities have been freshly renovated to be rented again. Buy, put your own tenants in and start making money!! Great location at the corner of Euclid and Barber with many tenants looking to live closer to downtown. Generates $120,000 in gross rent annually with net operating income of $80,000. Great time to buy apartment blocks when the competition is low, in few years, tides will turn and it will become difficult to buy apartment blocks again. Contact for proforma. Book your showing today!
|
Additional Details
| Nearest MSA: |
Winnipeg |
| Market: |
Winnipeg |
| Tax ID/APN: |
14000384000 |
| Zoning: |
R2 |
| Total Number of Buildings: |
2 |
| Property Condition: |
Good |
| Number of Stories: |
2 |
| Total Parking Spaces: |
3 |
| Laundry: |
Shared |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Baseboard, Central |
| Fuel: |
Gas, Electric |
| Lot Frontage: |
185 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Winnipeg Regional Real Estate Board nor
Moody's assume any liability for errors or omissions.
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