New property listed in North End, North West Winnipeg

Property Photo: 3 365 Charles in Winnipeg
I have listed a new property at 3 365 Charles 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 $475 per month plus hydro. Call for more details. Tax not assessed