4G//Winnipeg/Very solid and well built concrete construction apartment building for sale in prime location close to transportation and shopping. Built in 1984 by current owners and extensively renovated in 2014. 40 apartments with 19 one bedroom suites and 21 two bedroom suites. Extensive renovations in 2014 include new roof, windows, mostly upgraded water lines, paved parking lot and installation of oversized OTIS elevator. Renovations to the suites included newer appliances, new counter-tops, new vanities, tubs, toilets and flooring (see listing agent for complete list of renovations). 44 parking serviced parking stalls.2018 financials - Total revenue-$498,744.00 per yr. Total expenses-$186,529.00 per year. Net income-$312,215.00 per year. Vacancy Allowance 1.5% Manage Allowance 3.55% (4611967)
Property Type
Single Family
Annual Property Taxes
$59,429.82 (CAD)
Time on REALTOR.ca
2191 days
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