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572 Magnus Avenue Winnipeg, Manitoba R2W 2C7

  • Forced Air

    $299,900

    4A//Winnipeg/Attention all potential investors! This opportunity won't last long, so act quickly. This legal 4-plex is a purpose-built bilevel from the 1970s, featuring all large 2-bedroom / 1-bathroom suites with a spacious living room and kitchen. The property is under professional management, ensuring a smooth and stress-free experience. The property features high-efficiency furnaces that were newly installed in 2017, along with hot water tanks. There is also a new fully fenced parking pad with a locking gate. The property was landscaped in 2020, and a new roof was installed in 2019. Additionally, the fire alarm panel was replaced in 2018.Most of the flooring and windows have been updated, and the kitchen has granite countertops. The location is highly convenient, with easy access to the bus route and proximity to a laundromat and food options, making it an attractive rental location. LED motion security lights provide added safety and security.This property meets the rule of 1%, with a cash flow $250 per door. (id:31146)

  • Property Details

    MLS® Number 202400980
    Property Type Multi-family
  • Building

    Constructed Date 1972
    Heating Type Forced Air
    Type Multi-family
  • Parking

    Parking Pad
    Surfaced
  • Land

    Acreage No
    Size Depth 108 Ft
    Size Frontage 33 Ft
    Size Irregular 3569
    Size Total 3569 Sqft
    Size Total Text 3569 Sqft

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https://www.realtor.ca/real-estate/26434421/572-magnus-avenue-winnipeg

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