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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!