204-795-7728

[email protected]

RE/MAX One Group 4-756 Pembina Hwy

Winnipeg MB Canada R3M 2M7

Monday - Sunday: 8:00 - 22:00

Office Hours

Rod Stephanchew
Real Estate

Find Your Next Home
Where Comfort Meets Lifestyle

682 Ross Avenue

For Sale

$199,900

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Description

5A//Winnipeg/Showings begin now with potential Offers Reviewed as received*** CASH-FLOW OPPORTUNITY STEPS FROM HSC! This 2-storey duplex is a value-add investor s dream, offering multiple income streams and strong upside potential. Built in 1905 with 1,360 sq ft of living space, the property features two units with separate hydro meters an ideal setup to keep operating costs down and simplify tenant management.The main-floor unit offers 2 bedrooms and 1 bathroom, previously rented for $1,000/month, while the upper unit generated $800/month, as per vendor. In addition, the backyard has been converted into a 4-stall parking area, each currently rented, adding an extra, consistent monthly income. While the property does require TLC, it presents a clear opportunity to add value through cosmetic renovations and improved management. With updates, there is strong potential to increase rents and significantly enhance overall cash flow and equity.Located just a short walk from the Women s Hospital and close to a nearby park, the property benefits from steady rental demand driven by healthcare workers and area tenants. A smart addition for investors looking to build equity and maximize returns. (id:51871)

Duplex
Property Type

4
Bedrooms

2
Bathrooms

1905
Year Built

Property Overview

Price $199,900
Bedrooms 4
Bathrooms 2
Year Built 1905
Property Status For Sale
Property Type Duplex
Living Area 1360 SF
MLS# 202608158
Office Name RE/MAX One Group
Agent Name Sean Kirady
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Additional details

Stories 2
Structure Type Duplex
Property Attached 1
Flooring Vinyl
Parking Features Parking Pad
Heating Forced air, High-Efficiency Furnace, Natural gas
Sewer Municipal sewage system
Annual Tax 1690.72
Water Source Municipal water
Rooms Living room, Primary Bedroom, Kitchen, Bedroom, Bedroom, Bedroom, Kitchen