Harder Team

Royal LePage Dynamic Real Estate

204-894-7080

204-295-5548

Our Listings

618 Spence Street
Winnipeg R3B 2S1

$1,200,000
Industrial / Commercial / Investment built: 2018

Main Photo: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 1: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 2: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 3: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 4: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 5: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 6: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 7: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 8: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 9: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 10: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 11: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 12: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 13: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 14: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 15: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 16: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 17: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Photo 18: 618 Spence Street in Winnipeg: Industrial / Commercial / Investment for sale (5A)  : MLS®# 1918783
Status:
Active
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
1918783
Great opportunity to own a 6 unit, 3 storey building built in 2018! Situated on the corner of Spence and Cumberland and a a few blocks from HSC, this is a good addition to your portfolio. Suite mix is 2 - 1 bedrooms, 3 - 2 bedrooms, and 1 - 3 bedroom with each having their own entrance. Built with high grade materials through out. Kitchen craft cabinets with stainless steel appliances and quartz counter tops. Each unit has fully separated utilities with their own furnace, A/C, HRV and in suite laundry. Built on an ICF crawl space with slurry crete floor. Hardie board exterior with triple pane windows and each their own balcony. Hardwired fire alarm in the building. Comes with 5 parking stalls. 5.24% Cap Rate. Building has been approved by CMHC for financing if wanted, call for details.
5A / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Multi-Family for Sale
Year Built:
2018 (Age: 1)
Age Description:
Older
Depth:
0'
Heating:
Electricity, Forced Air
Parking:
Rear Drive Access
Total Parking Spaces:
5
Storeys:
3.0
Security:
0
Construction:
Concrete, Wood & Frame
Corner, Landscape, Other/remarks
Fully Air Conditioned, Balconies, Fire Alarm, Separate Entrances, Separately Metered Hydro, Separately Meter Water, Window Coverings
Fully Serviced
Gross Income:
83100.0
Net Income:
62855.0
Cost % to Grs Rec:
4
Repairs expenses:
2418.0
Management expenses:
3224.0
Insurance expenses:
1288.0
Total Expenses:
17751.0
Title to Land:
Freehold
Building Plans:
1
Number of Buildings:
6
Pro Forma:
Yes
Environment assesment available:
0
Sprinkler system:
0
Survey Available:
Yes
Vacancy percent:
3
Vacancy loss:
2493.0
Number of Units:
6
1-Bedroom Units:
2
2-Bedroom Units:
3
3-Bedroom Units:
1
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Data was last updated September 19, 2019 at 08:35 PM (UTC)
The Harder Team