I have sold a property at 2 367 Charles ST in WINNIPEG.
Looking for all investors! Unique situation great way to build up
equity and not lift a finger! 16 units in 3 buildings condo conversion,
full rented in a "Rental Pool". The caretakers and the condo board take
care of absolutely everything for you, you just put 20% down and any
excess of funds over and above the expenses is paid out to all owners
on a monthly basis. The caretaker rents out the units, cleans them up
and fixes them if needed after a tenant moves out and the funds from
the pool pay for any repairs over and above the damage deposit
collected. Excellent run building with no problems. The building has a
new roof 2 years ago, all new windows in the fall of 2009, all units
are remodeled with new kitchens & bathrooms, new flooring, new
paint. The common areas are all remodeled as well with new carpet and
paint. Perfect for the investor with no time and that is looking to
build up equity. This particular unit is currently rented for $750 per
month plus hydro. Call for more details. Tax not assessed