Listings

348 15th Street
A05 Brandon R7A 4V9

$368,500
Industrial / Commercial / Investment

Main Photo: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 1: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 2: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 3: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 4: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 5: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 6: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 7: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 8: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 9: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 10: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 11: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 12: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 13: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 14: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 15: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 16: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 17: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 18: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 19: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 20: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 21: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 22: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 23: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 24: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Photo 25: 348 15th Street in Brandon: Industrial / Commercial / Investment for sale (A05)  : MLS®# 202500161
Status:
Active
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
202500161
Build. Type:
Tri-Plex
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!
A05 / -
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Multi-Family for Sale
Building type:
Tri-Plex
Age Description:
Older
Depth:
120'
Frontage:
37'
Building Area:
1,805 sq. ft.
Heating:
Forced Air, Natural Gas
Parking:
Rear Drive Access
Security:
0
Construction:
Wood Frame
Street Exposure, Park/reserve, Public Transportation
Gross Income:
45600.0
Gross Op Income:
45600.0
Net Income:
31200.0
Fin Statement Avail:
No
Total Expenses:
14400.0
Legal Plan:
48838
Legal Lot:
16
Title to Land:
Freehold
Building Plans:
0
Pro Forma:
Yes
Environment assesment available:
0
Sprinkler system:
0
Survey Available:
No
Bachelor Units:
1
2-Bedroom Units:
1
3-Bedroom Units:
1
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Listed by Re/max Valleyview
Data was last updated January 15, 2025 at 08:35 AM (UTC)