871 Bannatyne Avenue
Offered at: $424,900
MLS®: 202407606
Calling all investors! This fully legal four-plex presents an exceptional opportunity in a highly sought-after rental locale near HSC, U of W and Red River College. Recent upgrades include the removal of all knob and tube wiring to meet code standards, installation of five separate electrical panels for each unit, new roof in 2015, furnace replacement in 2018 & central AC added in 2014. The building is currently occupied. The configuration includes 3 one-bdrm suites, 1 two-bdrm suite. Rental income is as follows: $1000, $900, $1000, $1150 for the two-bedroom unit with an additional $300/mth for the double garage. 3 additional parking spaces are available for tenant use. Beyond its practical features, the property offers a fenced front yard, providing a shared green space for occupants. This investment opportunity combines strategic location with recent updates, making it a compelling option for investors seeking a solid addition to their portfolio.
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