737 Lipton Street, Winnipeg

Bedrooms: 5
Bathrooms: 2
Living area: 1220 square feet
Type: Duplex
Added: 19 days ago
Updated: 2 days ago
Last Checked: 10 hours ago

5C//Winnipeg/Massive Price Reduction for this income-Generating Duplex! This well-kept duplex at 737 Lipton Street is perfect for investors or first-time buyers seeking both a home and income. Run as a successful owner-occupied Airbnb for the past three years. The main floor unit offers 3 bedrooms, a full bath, and a private covered deck ideal for relaxing. The second-floor unit features 2 bedrooms and a full bath, with both units fully equipped with a fridge, stove, dishwasher, and in-suite laundry. There s a garage and a gated parking pad for added convenience. Recent improvements include full spray foam insulation, a high-efficiency furnace, a water tank (all in 2024), and shingles, eaves, and soffits (2021). Other updates include newer windows, plumbing (2021), dual 100-amp panels, two ductless split AC units (2021), and air duct cleaning (June 2024). This property offers comfort, low maintenance, and steady income potential. Don t miss out! (id:1945)

Property DetailsKey information about 737 Lipton Street

Cooling: Wall unit
Heating: Forced air, High-Efficiency Furnace, Natural gas
Stories: 2
Year Built: 1911
Structure Type: Duplex
Address: 737 Lipton Street, Winnipeg
Property Type: Duplex
Current Use: Income-Generating/Airbnb
Total Income Last Year: $25,000
Units: [object Object], [object Object]

Interior FeaturesDiscover the interior design and amenities

Flooring: Wall-to-wall carpet
Appliances: Fridge, Stove, Dishwasher, In-suite laundry
Living Area: 1220
Bedrooms Total: 5

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 737 Lipton Street

Lot Features: Low maintenance yard, Flat site, Back lane
Water Source: Municipal water
Lot Size Units: square feet
Parking Total: 2
Parking Features: Detached Garage, Parking Pad, Rear
Lot Size Dimensions: 2345
Garage: Yes
Parking: Gated parking pad

Location & CommunityUnderstand the neighborhood and community

Common Interest: Freehold

Business & Leasing InformationCheck business and leasing options available at 737 Lipton Street

Income Generation: Successful Airbnb for 3 years
Offers Presentation Date: 10th at 7PM

Utilities & SystemsReview utilities and system installations

Sewer: Municipal sewage system
Insulation: Full spray foam insulation (2024)
Furnace: High-efficiency furnace (2024)
Water Tank: New (2024)
Shingles: New (2021)
Eaves: New (2021)
Soffits: New (2021)
Windows: Newer
Plumbing: Updated (2021)
Electrical: Dual 100-amp panels
Cooling: Two ductless split AC units (2021)
Air Duct Cleaning: Performed in June 2024

Tax & Legal InformationGet tax and legal details applicable to 737 Lipton Street

Tax Year: 2024
Tax Annual Amount: 3017.27
Showings: 9th at 2-4PM

Additional FeaturesExplore extra features and benefits

Comfort: Low maintenance
Steady Income Potential: High

Room Dimensions

Type	Level	Dimensions
Kitchen	Main level	15.6 x 8
Living room	Main level	14.9 x 10.6
Bedroom	Main level	12.3 x 11.9
Bedroom	Main level	9.6 x 9.3
Den	Lower level	6 x 12.2
Recreation room	Lower level	7.9 x 10.9
Bedroom	Lower level	8.3 x 9.8
Kitchen	Upper Level	8.9 x 8.3
Living room	Upper Level	7.3 x 8.8
Bedroom	Upper Level	8.11 x 13.5
Bedroom	Upper Level	8.11 x 6.5

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Nearby Listings Stat

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Additional Information about 737 Lipton Street

This Duplex at 737 Lipton Street Winnipeg, MB with MLS Number 202425935 which includes 5 beds, 2 baths and approximately 1220 sq.ft. of living area listed on Winnipeg market by Robin Whiddon - Coldwell Banker Preferred Real Estate at $334,900 19 days ago.

We have found 6 Duplex that closely match the specifications of the property located at 737 Lipton Street with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 219,900 and 399,000.

The current price of the property is $334,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $274,618. This would result in a monthly mortgage payment of $1,566 over a 25-year amortization period.

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