440 Mcgee Street

440 Mcgee Street

Winnipeg, Manitoba, R3G1M9, Canada

Property Details

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Approx. price(Jul 2022):

$174,900

Building type: House
Storeys: 1.75
Land Size: 25 x 98
Floor Space: 1040 sqft
Bathrooms: 1
Bedrooms: 3
Parking Type: Parking Pad
Heating Type / Fuel: Forced air (Natural gas)
Water: Municipal water

Property Description

House for sale in Winnipeg located in 440 Mcgee Street, Manitoba, R3G1M9, Canada. This House have 3 bedrooms and 1 bathrooms. For all the rest of the information we have about this property in Winnipeg, see above.

24 Hours Notice for Showings. Terrific long term rental available for purchase (owner managed)! 3 bedroom and 1 bath, and over 1, 040 square foot of living. Home was gutted and redone pretty much top to bottom in 2005: Plumbing, electrical, fixtures, kitchen, bathroom, insulation, windows, doors, roof (also 2015 or so), exterior, landscaping, drywall, paint and flooring. Long term family tenant paying $1, 350 plus utilities. After 20% down, mortgage of $144, 000 at approx. 3% is $682 a month. Insurance approx. $120 mth, and property taxes $177.50 a month. Basic expenses total $979.75 (less reserve for repairs, vacancy, etc.). Cash flow of $370.25 mth, or $4, 443 a year. Yearly mortgage paydown approx. over $4, 500 a year. basic ROI using these numbers, not including appreciation, is over 20% ROI....All measurements plus/minus jogs.

Other Structures: Deck

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440 Mcgee Street, Winnipeg, Manitoba, R3G1M9, Canada