150 Cathedral Avenue

Scotia Heights Winnipeg R2W 0W9

4D//Winnipeg/PROPER SIDE-BY-SIDE DUPLEX IN BEAUTIFUL SCOTIA HEIGHTS! 150 Cathedral Avenue, EAST OF MAIN! This Winnipeg investment property has separate water, heat and hydro, so tenants pay all utilities. Both suites have private front and rear entrances and are laid out to feel like stand-alone homes, while the rear suite also enjoys a fully fenced yard. Current rents are $1,000 for the front and $1,100 for the rear, both plus utilities, with potential to increase the combined monthly rent to approximately $2,500-$2,700. Even at current rents, there may be positive cash flow with 20% down at a 5% interest rate. No interior photos are included to respect tenant privacy, and the interiors could use some cosmetic attention. The building feels solid, and the basements showed no visible signs of water at the time of listing. Add flooring, paint and finishing touches to create a worthy addition to any rental portfolio, or house hack by living in one suite and renting the other. Add a roommate and reduce your own housing costs even further. 24 hours notice required for showings. (id:2493)