22 3rd Street SW, Portage La Prairie

$1,300,000

22 3rd Street SW, Portage La Prairie

MLS® Number: 202610421

Description

Monarch Manor presents the kind of investment opportunity buyers are searching for — a well-maintained multi-family property with updates already completed and room to continue growing your returns. This secure 9-unit building features intercom entry, interior and exterior surveillance, offering added peace of mind for both tenants and ownership. The property offers a desirable mix of 6 one-bedroom suites, 2 bachelor units and 1 two-bedroom apartment, helping attract a broad tenant base and maintain consistent occupancy. Many interior updates have already been completed throughout the building and within the units, creating a clean, modern feel tenants appreciate. Each suite has its own hydro meter, an added benefit for investors looking to better control operating costs. Coin-operated laundry is already in place with room to add an additional set for increased revenue potential. Investors will also appreciate the opportunity for future growth with potential to develop 2 additional suites. Centrally located close to schools, restaurants, shopping and everyday amenities, Monarch Manor offers the combination of security, updates, location and upside that today’s investors are looking for

Property Summary

Property Type

Multi-Family for Sale

Property Style

Three Storey

Community

Portage La Prairie

Neighbourhood

Portage la Prairie - Southwest

Land

Frontage

64 ft.

Lot Depth

110 ft.

Location Map

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