$749,900
25 Main Street N, Melita
MLS® Number: 202607949
Description
Turnkey Investment - Two Fourplexes! Exceptional opportunity to own 8 rental units in the heart of Melita MB. Each unit offers a functional layout with 2 bedrooms, a full 4 piece bathroom, spacious living area, and eat-in kitchen, plus the added convenience of in - suite laundry. Select units also include window A/C for added comfort. The property has a strong rental history with long-term tenants and is currently generating a very strong income stream monthly. A property manager is already in place, making this a true hands - off investment if desired. Recent upgrades have been completed including bathrooms, flooring, paint, windows, shingles and other details enhancing both value and tenant appeal. Exterior highlights include: Front and rear drive access with ample parking. Decks for all ground level units (front & back). Centrally located in a growing community - focused town close to amenities. With an appraised value of $900,000 this property also qualifies for CMHC MLI Select financing, offering attractive options such as low down payment and extended amortization. Can be sold as separate units subject to sellers completing a subdivision of land as it is one parcel of land on 2 separate titlesProperty Summary
Property Type
Duplex
Square Feet
6786
Property Style
Bungalow
Community
Melita
Neighbourhood
Southwest
Building
Bedrooms
2
Full Baths
1
Land
Frontage
250 ft.
