707 Stella Avenue, Winnipeg, Manitoba, R2W2V8 Winnipeg MB CA

4A//Winnipeg/HIGH CASH FLOW***7 FULLY RENTED suites bringing in over $5,500/month at a CAP RATE of 16.04% - with room to grow!! Several suites have long term tenants (up to 40 years!) so there is plenty of room for higher rents down the road. All but one suite pays its own hydro. THE PROPERTY INCLUDES BOTH BUILDINGS, a triplex and a quad along with a garage and ample parking. Many windows have been replaced, along with all 4 HWT's in the past 12 months. There is potential to make some serious money here - two suites have been refreshed recently, and if you do the same suite by suite as tenants leave, your potential rent is somewhere in the $6000's. Lowest rents are 270 and 350 - tons of room for improvement. Renovate everything completely and sky's the limit! Managed by owner but cash flow leaves room for property management. Come see for yourself! Add 7 doors to your portfolio!! ***NOT a rooming house, all are fully functional, stand-alone suites.*** (id:1937) Find out more about this property. Request details here