$368,500
348 15th Street, Brandon
MLS® Number: 202500161
Description
348-15th Street offers a prime investment opportunity in Brandon, Manitoba, close to Brandon University. This well-maintained triplex features three rental units: a spacious 3-bedroom, 1-bath main floor suite ($1,400/month), a newly renovated 2-bedroom, 1-bath second-floor unit ($1,400/month), and a bright, recently updated studio on the top floor ($1,000/month). All rents include utilities, ensuring tenant convenience. Comes with 4 parking spots, all electrified. Key upgrades include newer shingles, a high-efficiency furnace, and two new hot water tanks. The studio and second-floor units have been recently renovated, adding modern appeal for tenants. Generating $3,800/month ($45,600 annually) in rental income, with operating expenses of approximately $1,200/month ($14,400 annually), this property offers a solid Net Operating Income of $31,200/year. Conveniently located near the university, public transit, and amenities, this property is perfect for investors seeking stable income and future growth potential. Don't miss this fantastic opportunity!Property Summary
Property Type
Multi-Family for Sale
Property Style
Two and a Half
Community
Brandon
Neighbourhood
University
Land
Frontage
37 ft.
Lot Depth
120 ft.
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