49.90447 -97.15395

626 Elgin Avenue Winnipeg, MB R3A 0L3

Frank Lansard Team
Frank Lansard Team
Associate
246 Main Street Steinbach MB R5G 1Y8
request more info.
281405013 49.90447 -97.15395 781 /listing/281405013-150111953/626-elgin-avenue-winnipeg-mb-r3a-0l3 False 0 209900.0 1829 155 5 2 202024494 False
  • $209,900
  • 626 Elgin Avenue Winnipeg, MB R3A 0L3
  • 5 bd
  • 2 full ba
  • 1,829 sqft

Property & Neighborhood Info

Courtesy Of RE/MAX PROFESSIONALS

Duplex in Winnipeg

excellent revenue property/duplex , two large self contained units ,excellent tenants ,fully leased , unit #1-main floor and basement, 2 bedroom unit rent $1200/month , unit#2-second and third floor ,3 bedroom unit rent $1500/month, total income $32,400 per annum ,2019 est exspenses gas $2160,hydro $2280 ,water $1800,insurance $1815,realty taxes $2423.45,total exspenses $10,478.45;net operating income ,NOI-$21,921.55; EXCELLENT $21,921.55 RETURN ON AN INVESTMENT OF $209,900, TERRIFIC NEW ASSUMABLE 5 YEAR MORTGAGE OF APPROX $162,777 @1.92 % ,$812.82 ;SO ONLY REQUIRES APPROX $45000 DOWN PAYMENT TO ASSUMABLE MORTGAGE , NOI $21,921.55 RETURN ON INVESTMENT REPRESENTS A 48.7% ANNUAL RETURN ON $45,000 DOWN PAYMENT INVESTMENT , GOOD LOCATION CLOSE TO HEALTH SCIENCE CENTER HOSPITAL

Courtesy Of RE/MAX PROFESSIONALS
  1. 5 Beds
  2. 2 Full Bath
  3. 1,829 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1905
  • Rooms: 12
  • Full Bath: 2
  • Subdivision: Weston
  • MLS® Number:202024494

Additional Features

  • Basement Description:
    • Full
  • Construction:
    • Wood Frame
  • Exterior Finish:
    • Brick & Siding
  • Flooring:
    • Wall-to-wall carpet
  • Heating:
    • Forced Air
  • Heating Fuel:
    • Natural gas
  • Parking:
    • Other remarks
  • Roofing:
    • Shingle
  • Sewer:
    • Municipal/Community
  • Style:
    • Two and a Half
  • Type:
    • Duplex
  • Water:
    • Municipal/Community
  • CDOM:
    • 67
Neighborhood info courtesy of Homes.com © 2020