50 Langside Street, Winnipeg, MB R3Z1Z3
50 Langside Street, Winnipeg, MB R3Z1Z3
50 Langside Street, Winnipeg, MB R3Z1Z3
50 Langside Street, Winnipeg, MB R3Z1Z3
50 Langside Street, Winnipeg, MB R3Z1Z3
50 Langside Street, Winnipeg, MB R3Z1Z3
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Mark Weiland

Mark Weiland

+1(705) 805-0888
$ 374,900
Est. payment | /mo

4 Beds

3 Baths

1,384 SqFt

Save
$ 374,900
Est. payment | /mo
Save

4 Beds

3 Baths

1,384 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1384

Square Footage 1,384 sqft

Price per Sqft $270

Subdivision West Broadway

MLS® Listing ID 202616098

Bedrooms 4

Year Built 1904

Property Sub-Type Freehold

Property Description

5A//Winnipeg/Offers anytime | RUNNING A TRUE 7.5% CAP RATE!! Solid income-producing triplex in a quiet, treed, well-established neighbourhood close to the hospital, restaurants & coffee houses! This well-maintained, upgraded building offers a great mix of unit sizes for strong, stable cash flow. Suite 1 (main flr, 1 bdrm) also includes the bsmt w/legal 2nd bdrm (flex space office, music rm or rec rm), plus storage & in-suite laundry. Suite 2 is a bachelor unit & Suite 3 is a 1 bdrm; both share 2nd flr washer/dryer. Extensive upgrades incl. new roof ('24), furnace ('20), soffits, fascia & multiple wndws, front stairs & landscaping. New main plumbing line 25', Flooring 25', Furnace 20', Suite 1 had wood flrs refinished & full paint in '21; Suite 2 fully reno'd '17; back addition piled '15; back fence '15. Currently generating $3,726/mo in combined rent (Suite 1 $1,757, Suite 2 $1,076, Suite 3 $893) against $961.55/mo in expenses landlord pays utilities. Almost impossible to find a 1% rule property in Winnipeg now. This is your rare opportunity! Full proforma attached to listing. A turnkey investment opportunity with recent capital upgrades already done. Don't miss this one! (id:24570)

Location

Province MB

Rooms

Kitchen 0.0

Extra Room 1 Basement 11 ft , 8 in X 10 ft Bedroom

Extra Room 2 Main level 7 ft , 3 in X 8 ft , 8 in Bedroom

Extra Room 3 Main level 17 ft , 9 in X 13 ft , 8 in Living room/Dining room

Extra Room 4 Upper Level 10 ft , 9 in X 9 ft , 9 in Bedroom

Extra Room 5 Upper Level 12 ft X 10 ft Bedroom

Interior

Heating Forced air

Flooring Vinyl, Wood

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1.75

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Real Broker Manitoba Ltd.

Nearby Locations

Mark Weiland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 805-0888

1markweiland@gmail.com

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50 Langside Street