1B//Winnipeg/Offers as received. FANTASTIC INVESTMENT OR OWNER-OCCUPIED OPPORTUNITY IN CRESCENTWOOD! Welcome to this 2.5 story (1380 sq ft incl loft) residential duplex located in one of Winnipeg's most desirable rental markets! Whether you're an investor or savvy homeowner, this property offers exceptional flexibility, strong cash flow & long term upside! Featuring 2 self contained units w/ext entry & SEPARATE laundry. Purchase as turnkey rental & rent out both units, OR live in one unit & rent out the other, w/potential for tenant's rent to cover majority of the mortgage @20% down! Unit#1 (Main) - living rm, dining rm, galley kit, 1 bed/1 bath featuring updated shower. This unit has a washer (new) & dryer in basement. Unit#2 (Upper) - living rm, kit w/newer windows, 2 beds/1 bath + versatile loft space. 2 A/C window units incl. 2 parking stalls at rear. New fence along side & backyard. New residential builds around property enhances neighbourhood value, 5.5% cap rate at list price for investors - rent to quality tenants & enjoy a low maintenance income property. Close to shops, dining, transit & all amenities the area is known for, this is a rare opportunity to secure a versatile property in a great location! (id:4069)
Address
686 Mulvey Avenue
List Price
$379,900
Property Type
Single Family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Manitoba
Sub-Area
Winnipeg
Bedrooms
4
Bathrooms
2
Floor Area
1,380 Sq. Ft.
Lot Size
2307 Sq. Ft.
Year Built
1910
MLS® Number
202600866
Listing Brokerage
RE/MAX One Group
Postal Code
R3M1H6
Site Influences
Playground, Public Transit, Shopping
Features
Back lane, Paved lane
