I have listed a new property at 960 Dorchester AVE in Winnipeg.
Very rare opportunity to purchase a beautiful corner lot duplex that might have a potential future development opportunity.Zoned as R2, you could possibly build 4-6 units in the future. This duplex offers a two bedroom and 1 bath suite on the main level. The second unit on the second and third floor unit offers 4 bedrooms and 1 1/2 baths.Gross income of approx $36,000- $40,000(at market rents)per year plus hydro.(includes water and gas) Expenses are approximately: Insurance $3,000, Property Tax $5,800, and gas/water $3,000 a year. There is a possibility of the land being sub-dividable into 2-25 foot wide lots(as the land has an existing lot split line with the city-would require approval and variance(s).Buyers to do their own due diligence on the above mentioned matters.