Tenanted 4-bedroom house on a double lot in Emerson, Manitoba, about an hour south of Winnipeg on Highway 75. Off-market, sale by assignment of our purchase agreement: you close directly with the owner through the lawyers.
- 1.5-storey, 4 bed / 2 bath, about 1,040 sq ft plus a full basement, built around 1920
- Double lot on two separate titles (about 80 x 150 ft) with an oversized detached garage
- Tenant in place at $1,400/month plus hydro, lease to December 31, 2026, transfers with the sale
- Shingles about six years old; property taxes about $1,668/year
- About 13.4% gross yield at $124,900; rent covers the mortgage, taxes and insurance with roughly $500/month left over (estimates, do your own numbers)
- Kitchen lower cabinets and flooring to finish; one small bedroom needs flooring; unfinished basement. Sold as-is, where-is. Inspection and due diligence recommended.
- Closing November 13, 2026. Cash or financing already arranged.
- Priced under every house currently listed in Emerson.
Full package with photos and the numbers on request. Viewings by appointment only, please do not approach the tenant. Buyer's agents welcome: 2.5% fee on the purchase price, paid at closing.
Jaden, Property 4 Dollar Wealth, (647) 410-5437,
[email protected]
