682 Ross Avenue
- $199,900
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)
Details


Address
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Address: 682 Ross Avenue
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City: Winnipeg
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State/county: Manitoba
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Zip/Postal Code: R3E1C6
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Area: West End
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Country: Canada
Additional details
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Stories: 2
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Structure Type: Duplex
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Property Attached: 1
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Flooring: Vinyl
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Parking Features: Parking Pad
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Heating: Forced air, High-Efficiency Furnace, Natural gas
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Sewer: Municipal sewage system
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Annual Tax: 1690.72
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Water Source: Municipal water
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Rooms: Living room, Primary Bedroom, Kitchen, Bedroom, Bedroom, Bedroom, Kitchen
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