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$499,900
Est. payment /mo
8 Beds
4 Baths
1,960 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Attached
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $255
MLS Listing ID SK017602
Style Bi-Level Modified
Bedrooms 8
Year Built 1983
Annual Tax Amount $4,116
Tax Year 2024
Lot Size 9,689 Sqft
Acres 0.22242883
Property Sub-Type Attached
Source Saskatchewan
Property Description
Fantastic investment opportunity! This fully tenanted 4-unit building is a true turn-key revenue property, ready to cashflow from day one. With recent upgrades, steady rental income, and professional management already in place, this property is an excellent choice for both seasoned investors and those looking to step into the rental market with confidence.
The building has seen several important updates in recent years, including a newer boiler system for efficient heating and updated flooring in select units. Each of the four suites is thoughtfully designed with a generous living area, functional kitchen, two well-sized bedrooms, and one full bathroom. Added convenience is provided with in-suite washers and dryers for each unit, a feature tenants truly appreciate and that helps maximize rental appeal.
The property currently generates $5,225 per month in gross rental income, with tenants responsible for their own power utilities keeping operating expenses lower and cashflow stronger. Location is another strong advantage. Situated close to shopping, St. Paul's Hospital, schools, and multiple bus routes, tenants enjoy easy access to everything they need. The demand for rental housing in this area remains strong, adding to the long-term security and appeal of the investment.
With a solid tenant base, reliable income, and important upgrades already completed, this outstanding revenue property is well-positioned to deliver consistent returns for years to come. Properties like this don't come along often, schedule your viewing today and secure this opportunity before it is gone!
The building has seen several important updates in recent years, including a newer boiler system for efficient heating and updated flooring in select units. Each of the four suites is thoughtfully designed with a generous living area, functional kitchen, two well-sized bedrooms, and one full bathroom. Added convenience is provided with in-suite washers and dryers for each unit, a feature tenants truly appreciate and that helps maximize rental appeal.
The property currently generates $5,225 per month in gross rental income, with tenants responsible for their own power utilities keeping operating expenses lower and cashflow stronger. Location is another strong advantage. Situated close to shopping, St. Paul's Hospital, schools, and multiple bus routes, tenants enjoy easy access to everything they need. The demand for rental housing in this area remains strong, adding to the long-term security and appeal of the investment.
With a solid tenant base, reliable income, and important upgrades already completed, this outstanding revenue property is well-positioned to deliver consistent returns for years to come. Properties like this don't come along often, schedule your viewing today and secure this opportunity before it is gone!
Location
Province SK
Community Pleasant Hill
Rooms
Basement Full Basement, Fully Finished
Kitchen 4
Interior
Hot Water Gas
Heating Hot Water
Cooling Hot Water
Appliance Fridge, Stove, Washer, Dryer, Dishwasher Built In
Exterior
Exterior Feature Siding
Garage Spaces 4.0
Roof Type Asphalt Shingles
Total Parking Spaces 4
Building
Building Description Wood Frame, Fourplex (all 4 units)
Structure Type Wood Frame
Others
Ownership Freehold
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Listed by Royal LePage Varsity