Investment Opportunity
86 and 88 Pilgrim Avenue
Duplexes
86 and 88 Pilgrim are two story fully leased duplexes, built in 2020 with modern, high quality finishings throughout. The duplexes are located in the highly desirable, established neighborhood of Old St. Vital, and just a short walk to the beautiful Seine River walking paths.
Offers can be received at anytime. 48 hours notice for showings.
The Investment
The duplexes were constructed by original owner in 2020, with the intent to reside in a lower suite and to rent out remaining suites. As such, 86 and 88 Pilgrim were built to a high standard throughout with attention to detail.
Tenants pay the utilities directly to the CofW and Manitoba Hydro as the duplexes are separately metered
Soundproofing between the upper and lower suites of the duplexes provide quiet enjoyment for the Tenants
The humidity control in the duplexes provide a major benefit to the Tenants to increase the humidity in the units for added comfort during the dry Winnipeg winters
New duplex main and upper level suites in south Winnipeg are currently on the market for rent between $2,000 - $2,400 per month, while the the lower level suites are for rent between $1,200 - $1,400 per month. Future owner can raise rents upon renewals, or find new quality tenants with ease due to the high demand for new duplex suites
Fully leased with professional, friendly tenants who pay rent on time
Perfect for the investor looking for a high quality, low maintenance, long term investment
Offered at: $1,198,000
