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APARTMENT BUILDING FOR SALE

215 REID AVENUE
SELKIRK
, MB


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LIST PRICE: $2,090,000.00
22 SUITES: 13 – 1 Bedrooms, 9 - 2 Bedrooms
PARKING: 22 Electrified Spaces (1 space included in rent) plus 4 along rear of bldg.
ASSESSMENT:: $834,700.00 (2010)
 

This masonry apartment building was built in the 1960’s and is being sold after 20 years of ownership by the present owner who is only the 2nd owner in 45 years. The suites are large and feature one bedrooms of approx. 650 sq. ft. and two bedrooms of approx. 800 sq. ft. and are on annual leases which renew November 1st of each year. Rent includes parking, heat and water. Tenants pay own cable TV and electricity for the suite and parking space. The building has had many improvements in 2009 including installation of a new high efficiency hot water boiler/hot water tank & storage system, new Best PVC maintenance-free windows and replacement of countertops and taps in the majority of kitchens. Since 2005 new installations include: tile or sheet flooring in the majority of kitchen, bath and suite hallways, carpet flooring in the majority of bedrooms and the Enterphone. The building features include: copper plumbing; hardwood living room floors, water shut-offs, low-flow shower heads, kitchen/bath vent fans, frost-free fridges & blinds in each suite, master-keyed locks and 3 laundry rooms

   

 

Confidentiality Agreement

   
This information, although believed to be accurate, is not warranted to be so

Statement Available Upon Request