545 Flora Avenue

Winnipeg R2W 2S3

4A//Winnipeg/Rarely available investment opportunity! This unique income-producing property features 5 separately metered rental units across 3 buildings on one title. Each unit has it's own separate entrance, full kitchen, and full bath. That's 5 full kitchens and 5 full baths. Offering excellent cash flow and future potential. Boasting nearly 75 feet of frontage, the property may present future redevelopment opportunities (buyer to conduct their own due diligence). Home to mostly long-term tenants, this well-maintained investment has seen extensive updates over the years, including electrical, plumbing, roofing, furnaces, hot water tanks, and many interior renovations, leaving very little left to do. Currently generating $4,075/month plus utilities. With five occupied units, 24 hours' notice is required for all showings. Some tenants may be able to accommodate easier access. (id:2493)