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Dino Stepic
Office: 204-233-9396
Re/Max One Group
4-756 Pembina Highway, Winnipeg, Manitoba
Phone: 204-233-9396
Toll-Free: 1-866-233-9396
Description
SIDE-BY-SIDE PROPER DUPLEX IN BEAUTIFUL SCOTIA HEIGHTS! Separate water, heat, and hydro - tenants pay everything. Front and Back entrances for privacy, with the back suite having a really nice fenced yard. Current rents are low for what the suites offer - 1000 front, and 1100 back (both plus utilities). Plenty of room to increase rents EACH SUITE IS LAID OUT AND FEELS LIKE A STAND-ALONE HOME. Even at the current rents, you should see some cash flow at 20% down at 5%. There is plenty of room to improve the rents, potentially to a total of $2500-2700 (plus utilities). No interior photos to protect tenants privacy (and the interior could use cosmetic improvement). The building feels solid. With some flooring, paint and finishing touches, this is a worthy addition to any portfolio, or a wonderful start to investing in real estate. Basement bedroom does not meet egress standards. This could also make for a GREAT house-hack - live on one side, rent out the other. Add a roommate to your side and you're living for next to nothing.... 24 hours notice to view
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General Information
- Property Type: Multi-Family
- Building Type: 2 Storey
- Bedrooms: 5
- Bedrooms Above Grade: 4
- Bathrooms: 2
- Square Feet: 1813
- Year Built: 1905
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- Scotia Heights
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