ULTIMATE INCOME property within your Reach

399000

FPOM
Ad Date

04-Dec-2017

Specification

  • Size:2700
  • No of Bed Room:4+
  • No of Bath Room:3 Bathroom
  • Furnished:No
  • Address:160,Langside-ST,R3C1Z4,Winnipeg
  • Description

    Showing times are filling up fast! Rare estate sale - Trendy West Broadway. Designed with European craftsmanship, character and quality, this unique property will surprise with glowing hardwood floors, baseboards and casing. Building is solid and straight throughout including gorgeous crown molding and an abundance of natural light. The 2700 SF home has been solely owner occupied since the 80s and fully rented prior to that. Complete with numerous notable storage areas you will find that there are four+ discreet living areas (including separate hydro meters); providing opportunities such as Airbnb, rental, or space for mortgage helping parents/grandparents. Currently zoned R2 and vacant the investor can truly make it their own if desired. This sturdy, and therefore quiet, home includes numerous valuable downtown parking spaces where parking is at a premium, yet is within walking distance of major amenities, entertainment, grocery and transit. Why miss out on a winner in an up and coming area. Local renters have a proposal to occupy the entire building, and there is no shortage of high quality tenants, especially students searching this part of town! The executor of this estate sale is selling as-is and is motivated to move this family property as soon as is possible with flexible possession. This is your shot. Why do the 9-5 so someone else gets rich? You can do so much with this property. It's like getting 4+ houses in 1. Pick your favorite living space and then the sky is the limit with the rest!!! Once you live for free isn't that basically retirement? https://www.realtor.ca/Commercial/Multi-family/18777256/160-Langside-ST-Winnipeg-Manitoba-R3C1Z4 Not only do you have the flexibility with the interior; you have the income of the parking spots which are very valuable downtown. Make a choice, do it now. This block has a common wide hallway and each suite is completely private, safe and secure. You will need more than 20% down as this is investor grade territory. Just do the napkin math - suites to rent, possible coin op laundry, parking, etc. This block alone could earn more than the average salary. airbnb calculates $89,000 a year potential based on area and only 50% occupancy. Wow. . https://www.realtor.ca/Commercial/Multi-family/18777256/160-Langside-ST-Winnipeg-Manitoba-R3C1Z4

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