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Listed by Addison Herosian • Real Broker
$ 849,900
Est. payment /mo
Active
407 Sherbrook ST Winnipeg, MB R3B 2W7
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family for Sale
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202606406
Year Built 2016
Property Sub-Type Multi-Family for Sale
Property Description
Showings Now | Offers Anytime | 24 hour notice for showings | $6,229/month gross rent with tenants paying all utilities through separately metered services. Operating at a 6.42% cap rate with taxes, insurance, repairs, and management already accounted for, this turn-key investment offers over $1,000/month in cash flow. Built in 2016, this property meets current building code standards and is an easy addition to any rental portfolio. The building features four private-entry suites, each offering 4 bedrooms, 1.5 bathrooms, in-suite laundry, and baseboard heat. The main floors include bright kitchen and living spaces, the upper levels feature the bedrooms, and the basements include an additional bedroom and laundry area. Outside, the property is fully fenced, has back lane access, and provides 4 parking stalls at the rear. Rarely do opportunities like this come available!
Location
Province MB
Interior
Heating Electricity