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$825,000
25 Main Street N, Melita
MLS® Number: 202501294
Description
Two 4 Plexes consistently tenant occupied over many years. Each four flex consists of two bedrooms, one four piece bath, a living room and eat in kitchen. Each unit has in suite laundry facilities, fridge & stove (some of the units have a window A/C unit).There is plenty of parking space available with front and rear drive access. The four ground level units have a deck off the front and a deck off the back of each ground level unit. A property manager is currently in place if needed. This property is located centrally in the lovely community of Melita Mb. Melita is a diverse, prosperous and ever growing community with lots to offer. Recent upgrades have been completed including bathrooms, flooring, paint & windows plus more. The current market value appraisal of this property is $900,000. These 4 plexes consist of 2 separate titles and can be sold separately subject to sellers completing the subdivision process to divide the one plot of land. Currently collecting over $6800/mth. Financials /rents per unit & details available upon request. Ask about this property qualifying for CMHC MLI select multifamily loan allowing low down payment & longer amortization period.Property Summary
Property Type
Single Family Attached
Square Feet
6815
Property Style
Other-Remarks
Community
Melita
Neighbourhood
Southwest
Building
Bedrooms
2
Full Baths
1
Land
Frontage
250 ft.