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Winnipeg, Manitoba

Our Agents' Listings

393 College Avenue
North End Winnipeg R2W 1M4

$149,444
Residential beds: 6 baths: 2.0 2,492 sq. ft. built: 1907

Price REDUCED! North End! Large Duplex $149,444! - Separate Meters (Tenants Pay)! Rents $28,800/yr! Profit $1,166.96/M! Return on Downpayment 46.85%.
Photo 1: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 2: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 3: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 4: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 5: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 6: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 7: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 8: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 9: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 10: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 11: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 12: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 13: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 14: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 15: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 16: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 17: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 18: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 19: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 20: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 21: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 22: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Photo 23: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
Status:
Active
Prop. Type:
Residential
MLS® Num:
1930254
Bedrooms:
6
Bathrooms:
2
Year Built:
1907
Handyman Landlord/Investor Wanted! Must be a CASH Deal due to (Large Heavy Front Cement Porch has settled & pulled away from the house creating a crack (see last photo) in the stucco on the side of the wall above the basement. This has caused the appraisers to scare off the lenders. Does NOT affect the Tenants or the rents. Easy Fix is just to remove Porch! Purchase today at the “Giveaway Price” with CASH & fix yourself, see $4,000 Quote to stabilize and patch the crack. Then get a mortgage! Or wait for the Seller who plans on doing the repairs late spring, but then comes a large increase in the listing price. NO more deal! Rents of $28,800/yr = 46.85% Return on your downpayment! Net Profit $1,196/M! Tenants pay ALL Utilities (Separate Meters)! BSM: High Storage Bsm Extra Bedrm! Laundry is used by main Flr Tenant. Heating: Main Flr by a Dependable Hot Water Gas Furnace, Second Flr by electrical baseboard units. Upgraded 100 amps Breaker Panels! Deep 149’ yard with space for both Tenants!
4A / North End
North End! East of Salter St & One street South of Mountain Ave!
Property Type:
Residential
Property Sub Type:
Duplex
Home Style:
Two and a Half
Total Bedrooms:
6 (Above Grd: 6)
Bedrooms Above Grade:
6
Total Rooms:
17
Total Rooms Excl. Baths:
15
Rooms Above Grade:
12
Total Baths:
2.0 (Full:2/Half:0)
Year Built:
1907 (Age: 113)
Lot Size:
0.12 acre(s)
Frontage:
34'
Depth:
148'
Lot Shape:
Normal
Total Floor Area:
2,492 sq. ft.
Construction:
Wood Frame
Foundation:
Stone
Roof:
Shingle
Exterior Features:
Stucco
Basement Type:
Full
Basement Development:
Partially Finished
Heating:
Baseboard, Hot Water
Heating fuel:
Electric, Natural gas
Water supply:
Municipal/Community
Exposure Front:
S
Flooring:
Laminate, Vinyl, Wood
Parking:
Parking Pad, Rear Drive Access, Unpaved Driveway
Garage:
0
Rental equipment:
None
Finished Basement Area:
0 sq. ft.
Floor
Type
Size
Other
Main
Living Room
16'6" × 12'1"
-
Main
Master Bedroom
15'1" × 9'11¾"
-
Main
Dining Room
13'8⅞" × 9'11"
-
Main
Bedroom
10'9" × 10'3⅛"
-
Main
Kitchen
10'3⅛" × 8'2"
-
Upper
Living Room
20'7½" × 9'11"
-
Upper
Master Bedroom
15'7½" × 11'5"
-
Upper
Dining Room
12'11¾" × 9'11"
-
Upper
Bedroom
10'9" × 10'3⅛"
-
Upper
Kitchen
10'3½" × 8'2"
-
Third
Bedroom
10' × 7'
-
Third
Bedroom
10' × 7'
-
Basement
Den
15'8" × 9'8½"
-
Basement
Hobby Room
7' × 5'
-
Basement
Utility Room
9' × 9'
-
Floor
Ensuite
Pieces
Other
Main
No
4
Upper
No
4
Dryer, Two Fridges, Two stoves, Washer
0
185.30
Landscape, Public Transportation
School division:
W1
Title to Land:
Freehold
Sewer:
Municipal/Community
  • Photo 1: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Price REDUCED! North End! Large Duplex $149,444! - Separate Meters (Tenants Pay)! Rents $28,800/yr! Profit $1,166.96/M! Return on Downpayment 46.85%.
  • Photo 2: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Rental Income Analysis
  • Photo 3: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Main Floor - Living Room HWF'S Hot Water Heat (door to the right is Front Entrance).
  • Photo 4: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Main Floor - Dining Room (could be converted Bedroom for Extra Rent $$$).
  • Photo 5: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Photo 5 of 23
  • Photo 6: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Main Floor - Oak Kitchen with upgraded appliances & Newer Flooring!
  • Photo 7: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Main Floor - 4 piece bath with Fan, low flush Toilet & New Flooring! (Tenants pay ALL Utilities).
  • Photo 8: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Main floor - Large (15' x 10') Master Bedroom with Double Closets & HWF's.
  • Photo 9: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Main Flr: Kids Bedroom!
  • Photo 10: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Upper Suite - Huge Living Rm (20' x 10') HWF’s and Electric Heat (Tenants pay ALL Utilities).
  • Photo 11: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    2nd Floor - Dining Room with Coved Ceilings (could be converted Bedroom for Extra Rent $$$). Office/Den is through Doorway, then Kitchen hallway.
  • Photo 12: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Upper Suite - Kitchen with Cool old style Sink & Drying side!
  • Photo 13: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    2nd Floor - Master Bedroom with Double Closets.
  • Photo 14: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    2nd Floor - Bathroom with Low Flush Toilet.
  • Photo 15: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    3rd Floor with 2 extra Bedrooms, (access from the 2nd floor suite).
  • Photo 16: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    High Basement: Main Floor (Only) Tenant uses as Den/Office/Bedroom, with sub-floor & good sized window.
  • Photo 17: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Separate 100 amp Breaker Panels, Meters Outside (Tenants pay ALL Utilities).
  • Photo 18: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Main Floor - Hot Water Heat (Tenants pay ALL Utilities). Landlord has had NO problems!
  • Photo 19: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Separate Water Meters (Tenants pay ALL Utilities) see Realtor's Remarks!
  • Photo 20: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Deep (148') Backyard with space for Large Double Garage for Extra Income $1,200/yr!
  • Photo 21: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    Large Heavy Front Cement Porch has settled & pulled away from the house creating a crack (see last photo) in the stucco on the side of the wall above the basement.
  • Photo 22: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    This crack has caused the appraisers to scare off the lenders. Does NOT affect the Tenants or the rents. Easy Fix is just to remove Porch & replace with Wood Steps!
  • Photo 23: 393 College Avenue in Winnipeg: North End Residential for sale (4A)  : MLS®# 1930254
    This corner part (4'-6') is NOT Basement, it is wood with stucco (parging) to look like cement. Crack in photo is again just in the stucco.
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Data was last updated March 30, 2020 at 02:35 AM (UTC)
Rick Stoppel