Looking for all investors! Unique
situation great way to build up equity and not lift a finger! 16 units in 3
buildings condo conversion, full rented in a "Rental Pool". The caretakers and
the condo board take care of absolutely everything for you, you just put 20%
down and any excess of funds over and above the expenses is paid out to all
owners on a monthly basis. The caretaker rents out the units, cleans them up and
fixes them if needed after a tenant moves out and the funds from the pool pay
for any repairs over and above the damage deposit collected. Excellent run
building with no problems. The building has a new roof 2 years ago, all new
windows in the fall of 2009, all units are remodeled with new kitchens &
bathrooms, new flooring, new paint. The common areas are all remodeled as well
with new carpet and paint. Perfect for the investor with no time and that is
looking to build up equity. This particular unit is currently rented for $750
per month plus hydro. Call for more details.
North West Winnipeg / North End
Property Type:
Condominium
Home Style:
One Level
Total Bedrooms:
2
(Above Grd: -)
Total Rooms:
4
Total Baths:
1.0
(Full:1/Half:-)
Year Built:
1920
(Age: 91)
Finished area:
745 sq. ft.69.21 m2
Construction:
Concrete block
Foundation:
Stone
Roof:
Tar & Gravel
Heating:
Baseboard
Heating fuel:
Electric
Water supply:
Municipal/Community
Unit:
11
Unit Location:
Ground Level Unit
Occupancy:
Tenant
Flooring:
Wall-to-wall carpet, Tile
Parking:
None
Remodelled:
Windows, Roof Coverings, Kitchen, Bathroom
HOA Fee:
208.0
HOA Fee Includes:
Insurance-Common Area, Landscaping/Snow Removal, Management, Contribution to Reserve Fund, Hot Water, Caretaker, Water
HOA Pay Schedule:
Monthly
Stove, Refrigerator
Landscape, Shopping Nearby, Playground Nearby, Corner, Public Transportation
Floor
Type
Dimensions
Other
Main Floor
Living room
12'3.66 m
x
10'3.05 m
-
Main Floor
Kitchen
12'3.66 m
x
8'2.44 m
-
Main Floor
Bedroom
10'3.05 m
x
8'2.44 m
-
Main Floor
Bedroom
10'3.05 m
x
8'2.44 m
-
Floor
Ensuite
Pieces
Other
Main Floor
-
4
School division:
W1
Taxes:
$1,016.00 / 2011
Pay GST on sold price:
Not Applicable
CMHC Approval:
Yes
Number of units in building:
3
Number of units in project:
16
Listed by
Geoff & Regan Archambault of CENTURY 21 ADVANCED REALTY
Listing information last updated on 29-Feb-2012 2:07 AM
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