261 Young Street
Winnipeg
R3C 1Z1
$349,900
Single Family
beds: 5
baths: 2.0
894 sq. ft.
built: 1986
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 202516988
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1986
- Photos (37)
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5A//Winnipeg/SS Now. Offers ANYTIME!!! Investor alert! This 1980s-built bi-level duplex is a cash flow machine with solid construction and large basement windows offering a major upgrade from typical early 1900s homes in the area. The main unit features 3 bedrooms, 1 bath, and has been updated with new windows, flooring, paint, and bathroom, previously rented for $1,700/month (utilities included). The lower unit is a bright, renovated 2-bedroom, 1-bath suite that rented for $1,300/month (utilities included). Both units share a common space with coin-op laundry generating an additional $100/month. Average hydro is $239/month and water is $150/month. Parking for 3 vehicles, fully fenced yard, and a prime location near the University of Winnipeg make this an ideal student rental. Pro forma shows over a 7% cap rate, over $700/month in cash flow, and a 18.89% ROI with 20% down place your own tenants and set your own rents! All this located on a great mid block location with well kept homes and great neighbours!!! (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Total Living Area:
- 894 sq. ft.
- Taxes:
- $3,194.79 / 2024
- Community:
- West Broadway
- Structure Type:
- House
- Appliances Included:
- Washer, Refrigerator, Stove, Dryer
- Home Style:
- Bi-level
- Bedrooms:
- 5
- Bathrooms:
- 2.0
- Half Bathrooms:
- 0
- Fireplace:
- No
- Floor finish:
- Vinyl, Wall-to-wall carpet, Vinyl Plank
- Heating:
- Forced air, Natural gas
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Fence Type:
- Fence
- Lot Frontage:
- 30'
- Lot Details:
- 30 x 100
- Lot Features:
- Exterior Walls- 2x6"
- Parking:
- Parking Pad
- Floor
- Type
- Size
- Other
- Main level
- Living room
- 15'6" × 11'3"
- -
- Main level
- Kitchen
- 15'6" × 10'9"
- -
- Main level
- Bedroom
- 9'9" × 9'6"
- -
- Main level
- Bedroom
- 10'9" × 9'5"
- -
- Main level
- Primary Bedroom
- 12'11" × 9'9"
- -
- Basement
- Laundry room
- 19'6" × 9'6"
- -
- Basement
- Kitchen
- 17'11" × 11'3"
- -
- Basement
- Living room
- 11'11" × 9'6"
- -
- Basement
- Bedroom
- 11'9" × 8'11"
- -
- Basement
- Bedroom
- 10'3" × 9'6"
- -
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Listed by Real Broker
Data was last updated July 7, 2025 at 12:45 AM (UTC)
- MARTIN MUSHINSKI
- REAL BROKER
- 1 (204) 8815691
- martin@firethelandlord.ca
Office Address:
300-330 St.Mary's Ave
Winnipeg, MB, R3C 3Z5