RE/MAX PROFESSIONALS Listings

626 Elgin Avenue
Weston Winnipeg R3A0L3

$209,900
Residential beds: 5 baths: 2.0 1,829 sq. ft. built: 1905

Main Photo: 626 Elgin Avenue in Winnipeg: Weston Residential for sale (5D)  : MLS®# 202024494
Status:
Active
Prop. Type:
Residential
MLS® Num:
202024494
Bedrooms:
5
Bathrooms:
2
Year Built:
1905
excellent revenue property/duplex , two large self contained units ,excellent tenants ,fully leased , unit #1-main floor and basement, 2 bedroom unit rent $1200/month , unit#2-second and third floor ,3 bedroom unit rent $1500/month, total income $32,400 per annum ,2019 est exspenses gas $2160,hydro $2280 ,water $1800,insurance $1815,realty taxes $2423.45,total exspenses $10,478.45;net operating income ,NOI-$21,921.55; EXCELLENT $21,921.55 RETURN ON AN INVESTMENT OF $209,900, TERRIFIC NEW ASSUMABLE 5 YEAR MORTGAGE OF APPROX $162,777 @1.92 % ,$812.82 ;SO ONLY REQUIRES APPROX $45000 DOWN PAYMENT TO ASSUMABLE MORTGAGE , NOI $21,921.55 RETURN ON INVESTMENT REPRESENTS A 48.7% ANNUAL RETURN ON $45,000 DOWN PAYMENT INVESTMENT , GOOD LOCATION CLOSE TO HEALTH SCIENCE CENTER HOSPITAL
5D / Weston
Property Type:
Residential
Property Sub Type:
Duplex
Home Style:
Two and a Half
Total Bedrooms:
5 (Above Grd: 5)
Bedrooms Above Grade:
5
Total Rooms:
12
Total Rooms Excl. Baths:
10
Rooms Above Grade:
10
Total Baths:
2.0 (Full:2/Half:0)
Year Built:
1905 (Age: 115)
Age Description:
Older
Frontage:
0'
Depth:
0'
Total Floor Area:
1,829 sq. ft.
Construction:
Wood Frame
Foundation:
Concrete
Roof:
Shingle
Exterior Features:
Brick & Siding
Basement Type:
Full
Basement Development:
Unfinished
Heating:
Forced Air
Heating fuel:
Natural gas
Water supply:
Municipal/Community
Flooring:
Wall-to-wall carpet
Parking:
Other remarks
Total Parking Spaces:
2
Garage:
0
Rental equipment:
None
Finished Basement Area:
0 sq. ft.
Remodelled:
Other remarks
Floor
Type
Size
Other
Main
Family Room
11'8" × 10'4"
-
Main
Bedroom
13'4" × 9'4"
-
Main
Bedroom
10'4" × 10'4"
-
Main
Kitchen
11'10" × 10'2"
-
Upper
Kitchen
9' × 8'
-
Upper
Other
12'6" × 9'
-
Upper
Bedroom
13'4" × 9'4"
-
Upper
Bedroom
10' × 8'
-
Upper
Bedroom
11' × 8'
-
Upper
Other
11'6" × 11'4"
-
Floor
Ensuite
Pieces
Other
Main
No
4
Upper
No
4
0
Public Transportation
School division:
W1
Title to Land:
Freehold
Sewer:
Municipal/Community
  • Photo 1: 626 Elgin Avenue in Winnipeg: Weston Residential for sale (5D)  : MLS®# 202024494
    Photo 1 of 1
Data was last updated October 20, 2020 at 02:35 AM (UTC)
Glen Harvey
RE/MAX Professionals
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