Our Agents' Listings

138 Lorne Avenue
Point Douglas Winnipeg R2W 2N9

$1,735,000
Industrial / Commercial / Investment built: 2015

Main Photo: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 1: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 2: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 3: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 4: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 5: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 6: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 7: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 8: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 9: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 10: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 11: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 12: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
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Photo 21: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 22: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 23: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 24: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 25: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 26: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 27: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 28: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 29: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 30: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 31: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 32: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 33: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 34: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 35: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 36: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 37: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 38: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 39: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 40: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 41: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 42: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Photo 43: 138 Lorne Avenue in Winnipeg: Point Douglas Industrial / Commercial / Investment for sale (9A)  : MLS®# 202016963
Status:
Active
Prop. Type:
Industrial / Commercial / Investment
MLS® Num:
202016963
A rare opportunity to own this prestine 8 apatment unit building built in 2015. This property features four 2 bedroom units and 4 3 bedroom units. Additional revenue from onsite laundry facility and parking. Easily rents and has very little vacancy. Generates great revenue and has minimal expenses due to its age. Currently has annual gross revenue of over $120,000 per year!! Seller just had a detailed property condition assessment done by HCL Consulting Ltd. (July of 2020) where no deficiencies were found and will proudly make that available. Four year income and expense statements can also be provided to qualified buyers. The current owner built the property and spared no expenses in its construction. He has also managed and maintained the property meticulously for the past 5 years.
9A / Point Douglas
For Sale:
Yes
For Lease:
No
Property Type:
Industrial / Commercial / Investment
Property Sub Type:
Apartment
Year Built:
2015 (Age: 5)
Age Description:
Older
Depth:
0'
Frontage:
0'
Building Area:
7,600 sq. ft.
Heating:
Electricity, Forced Air
Parking:
Parking Pad, Rear Drive Access
Total Parking Spaces:
5
Number of energized parking:
5
Storeys:
2.0
Construction:
Wood & Frame
Downtown, Street Exposure, Public Transportation
Window Air Conditioned, Appliances Included, Fire Alarm, Laundry Facility
Electricity, Telephone, City Water
Gross Income:
120860.0
Net Income:
85675.0
Fin Statement Avail:
Yes
Fin Statement Date:
Feb 20, 2020
Total Expenses:
35185.0
Title to Land:
Freehold
Number of Buildings:
1
Sprinkler system:
1
Number of Units:
8
2-Bedroom Units:
4
3-Bedroom Units:
4
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Data was last updated August 6, 2020 at 04:35 AM (UTC)
Carl Seier