516 Pacific Avenue,Selkirk, MB R1A0P4
Selkirk, MB R1A0P4
Description
R14//Selkirk/Exceptional investment and income opportunity in the heart of Selkirk! This well-maintained 4-Plex is ideally located on a quiet street in a desirable neighborhood and sits on an expansive double lot (80 ft wide with two titles 516/518 Pacific Avenue) offering future development potential. This 1,196 sqft 1.5-storey property features 4 self-contained 1-Bedroom suites, each with private entrances, all tenant-occupied with zero vacancy - ensuring strong and reliable cash flow. Residents enjoy convenient parking and a spacious backyard, while the property itself has been updated for long-term stability and efficiency. Upgrades include shingles, high-efficiency furnace, hot water tank, and front and back decks (2020), vinyl siding (2016), and spray foam insulation in the basement (2021). With 3 separate hydro meters and landlord responsible for utilities, this property is an excellent addition to any investment portfolio. Walking distance to schools, shopping, and essential amenities, this turnkey multi-family property offers both immediate returns and future growth potential. Min. 24-hours notice required for all showings- weekdays preferred between 4pm and 6pm due to being fully tenant occupied. (id:13843)
Details
| MLS # | 202619995 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1915 |
| Days On Site | 72 |
| Listing Provided By | eXp Realty | Sarah Parent |
Features
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 1,196 |
| Story(s) | 1 |
| Units | 4 |
| Acreage | 0.15 |
Interior
| Heating | Electric baseboard units, Forced air |
|---|---|
| Fireplace Yes / No | No |
Parking
| Parking Features | Other, Other, Other |
|---|
Utilities
| Electric | 120/208 V |
|---|
Taxes
| Tax Annual Amount | 3358.66 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | MB |
|---|---|
| City | Selkirk |
| Postal Code | R1A0P4 |
| Listing VS Median (in R1A0P4) | |
Price: $299,900 low | high Med: $299,900 sqft: 1,196 low | high Med: 1,196 $ / sqft: $251 low | high Med: $251 On site: 72 low | high Med: 72 | |
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Learn More About This Property
| Province | MB |
|---|---|
| City | Selkirk |
| Postal Code | R1A0P4 |
| Listing VS Median (in R1A0P4) | |
Price: $299,900 low | high Med: $299,900 sqft: 1,196 low | high Med: 1,196 $ / sqft: $251 low | high Med: $251 On site: 72 low | high Med: 72 | |