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Winnipeg, Manitoba

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679 Sargent Avenue
Winnipeg R3E 0A7

$559,000
Industrial / Commercial / Investment

Main Photo: 679 Sargent Avenue in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1805452
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
1805452
Status:
Pending
Build. Type:
Four-Plex
West End Gem... This investment opportunity offers a 4 suite apartment block, street front coffee shop space, upper 1 bedroom suite as well as an attached vacant lot all on one title. Current revenue can be increased by $13,000/year with RTB approved rent increases. Upgrades include some plumbing, 2 HI-E furnaces, HWT, water saver toilets, fire rated doors and fire alarm system. All Hydro is split and both Sargent units have separate water meters. Vacant lot can likely be divided for sale, or build another duplex on this R2 zoned lot (93.7ft x 25.05ft)
5A / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Apartment
Building type:
Four-Plex
Depth:
174'
Frontage:
70'
Heating:
Forced Air, Natural Gas
Storeys:
2.0
Contract Amended:
No
Construction:
Wood & Frame
Street Exposure, Fenced, High Traffic Location
Fully Serviced
Gross Income:
54753.0
Net Income:
34914.0
Fin Statement Avail:
Yes
Total Expenses:
19839.0
Title to Land:
Freehold
Number of Buildings:
2
Number of Units:
6
1-Bedroom Units:
1
2-Bedroom Units:
4
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Listing information last updated on April 20, 2018 at 06:36 PM (UTC)
Steve Hunt-Lesage

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