East Elmwood is a section of Elmwood east of Gateway Avenue. This neighbourhood has a long history with Winnipeg and was established formally in 1906. A great location because you are close to downtown, shopping and all amenities. East Elmwood is a good neighbourhood to begin homeownership as real estate remains affordable for first-time home buyers.
This home is on a bus route. Currently the property has been rented out obtaining a rental income of $1,400.00 a month as all four bedrooms are rented out at $350.00 a month. The tenants share the living room, dining room and kitchen as a common area. There are also two bathrooms, one on the main floor. Basement is undeveloped. Outside features a fenced yard and a double garage, a rare inclusion for a home in this price range. The home does need updating and cosmetics.
Included with this home/investment property are a washer, dryer, fridge and stove. A quick possession can be had, if needed. Also rare for this price range with a home in this area is the fact there are four bedrooms.
For a viewing please call Rolf Hitzer with Royal Lepage Top Producers at 204-989-6900. Or, email hitzer@aol.com. Please allow 24 hour notice for showings to abide by the requirements with the Tenancy Act.
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