500 Bannatyne Avenue,Winnipeg, MB R3A1G6
Winnipeg, MB R3A1G6
Description
5D//Winnipeg/THIS SOLID BUILDING BTWEEN BANNATYLE & ISABEL ST. MAIN FLOOR OPEN SPACE UNIT IS A BEAUTY SALON THAT CAN BE RENTED OUT FOR $1,500/MO. FRONT UNIT IS AN OFFICE SPACE WITH THE RENT OF $1,250/MO. THE 4BR LARGE UNIT ON 2ND FLOOR USE TO RENTED OUT FOR $1,600/MO. NOW IS VACANT & ITS READY TO RENT OUT AT ANY TIME. IF FULLY OCCUPIED THEN THE TOTAL RENT INCOME WILL BE $4,350/MO PLUS YOU WILL BE GETTING MORE EACH YEAR OF 4% RENT INCREASED BY LAW FOR MANY YEARS AHEAD. BASE ON THIS ASKING PRICE THEN YOU STILL GET 6-7% BACK OF YOUR INVESTMENT RETURN. THIS IS A POSITIVE # OF YOUR MONEY WELL SPENT. MANY IMPROVEMENTS HAS BEEN DONE ALONG THE YEAR. PERFECT PLACE FOR ANY SMALL BUSINESSES IN HIGH TRAFIC LOCATION. A MUST TO SEE THIS EXCELLENT VALUE PROPERTY. PLEASE NOTE: (id:13843)
Details
| MLS # | 202624823 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | Coldwell Banker Preferred Real Estate | Teddy Beyene |
Features
Interior
| Fireplace Yes / No | No |
|---|
Area Information
| Province | MB |
|---|---|
| City | Winnipeg |
| Postal Code | R3A1G6 |
| Listing VS Median (in R3A1G6) | |
Price: $699,000 low | high Med: $0 On site: 18 low | high Med: | |
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Learn More About This Property
| Province | MB |
|---|---|
| City | Winnipeg |
| Postal Code | R3A1G6 |
| Listing VS Median (in R3A1G6) | |
Price: $699,000 low | high Med: $0 On site: 18 low | high Med: | |