727 10th Street Brandon, Manitoba R7A 4G7

$849,900

C20//Brandon/Seize a high-performing asset in a prime location with this versatile 9-unit residential complex (6+3 configuration) at 727-10th Street. Offered at $850,000, this property is a turnkey powerhouse for any portfolio, boasting a Gross Operating Revenue of $120,762 and a disciplined 3% vacancy allowance. The financials are compelling: with a Net Operating Income of $86,051, investors can realize a robust Return on Investment of up to 13.26%. The property features a diverse mix of units with monthly rents ranging from $780 to over $2,000, ensuring stable cash flow and risk mitigation . Recent municipal assessments value the total property at $799,400. Zoned CG and currently managed with an efficient expense ratio, this is a rare chance to acquire a high-yield property with established tenancy and significant equity positioning. (id:30530)

Property Details

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Parking

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https://www.realtor.ca/real-estate/29351825/727-10th-street-brandon