4D//Winnipeg/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 - 1000 front, and 1100 back (both plus utilities). 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 us some love..). The building feels solid and the basements show no sign of water. With some flooring, paint and finishing touches, this is a worthy addition to any portfolio, or a wonderful start to investing in real estate. It could also make for a GREAT house-hack - live on one side, rent out the other. Add a roomate to your side and you're living for next to nothing.... 24 hours notice to view (id:4069)
Address
150 Cathedral Avenue
List Price
$299,900
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Manitoba
Sub-Area
Winnipeg
Bedrooms
4
Bathrooms
2
Floor Area
1,813 Sq. Ft.
Lot Size
47 x 126 Sq. Ft.
Year Built
1905
MLS® Number
202529670
Listing Brokerage
RE/MAX One Group
Postal Code
R2W0W9
