654 College Avenue
House for sale in Winnipeg — $245,000
Key facts
- Type: House
- Price: $245,000
- Bedrooms: 5
- Bathrooms: 2
- Living area: 1,578 sq ft
- Year built: 1913
- City: Winnipeg
- MLS® number: 202612937
- Agent: Sarah Negrych
- Brokerage: Century 21 Advanced Realty
Description
4A//Winnipeg/Located in an amenity-rich area with strong rental appeal, this property offers convenient access to grocery stores, schools, public transit, banking, parks, and churches. Health Sciences Centre is approximately 8 minutes away, while downtown Winnipeg is less than a 10-minute drive, making it an attractive location for tenants and investors alike. The fenced front and rear yards are designed for easy maintenance.This income-producing duplex offers a total of 5 bedrooms and 2 full bathrooms, including a 3-bedroom upper suite and a 2-bedroom lower suite. Separate hydro meters, shared laundry facilities, and a full basement with ample storage space add to the property's functionality.Currently generating $2,650/month in rental income. The lower suite is rented for $1,250/month (tenant pays hydro) with a lease in place until Sept. 30/26, while the upper suite is rented for $1,400/month (utilities included) with a lease in place until Feb. 28/27.Improvements completed by a previous owner in 2015/2016 include updated electrical, a high-efficiency furnace, hot water tank, PEX plumbing, spray foam attic insulation, shingles, siding, fascia, soffits, and downspouts. (id:42016)