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New property listed in 5D

I have listed a new property at 2 Bury ST in Winnipeg. See details here

S/S, offers anytime. ATTENTION DEVELOPERS, INVESTORS & EQUITY BUILDERS, this is your opportunity to acquire a 2½-storey multi-family building offering five self-contained units, along with a large vacant service lot included (approx. 50' x 100') in the sale. Built in 1910 and offering approximately 2,550 sq ft, this property is zoned R2. The building has been upgraded to 400 Amp service, with each unit separately metered and equipped with 100 Amp panels. Improvements include newer shingles, newer windows, and a newer HWT. Current Rental Income according to owner: unit 1 – $1,500 (3 beds), unit 2 – $1,000 (2 beds), unit 3 – $850 (2 beds), unit 4 – $750 (1 bed), unit 5 – $750 (1 bed). Tenants pay utilities except for water and common area gas heating. Leases are on staggered annual terms. The adjacent vacant lot is currently used for parking and may offer future development potential, subject to municipal approval. Buyers to perform their own due diligence regarding zoning, measurements and development potential. Vacant lot is being sold with the house.

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