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$ 1,200,000
Est. payment | /mo
$ 1,200,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Residential Only
Listing Status Active
Purchase Type For Sale
MLS Listing ID SK024431
Year Built 1968
Annual Tax Amount $6,686
Tax Year 2025
Property Sub-Type Residential Only
Source Saskatchewan
Property Description
Discover an exceptional investment opportunity with this well-maintained 12-unit apartment building, ideally suited for both seasoned and first-time multifamily investors. The property offers a strong unit mix of four (4) spacious 1-bedroom units and eight (8) comfortable 2-bedroom units, maximizing occupancy potential and wide market appeal.
Key Features
12 Total Units
4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom
On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns.
Strong Rental Demand
The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy.
Value-Add Potential
Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI.
Investment Highlights
This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio.
Key Features
12 Total Units
4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom
On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns.
Strong Rental Demand
The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy.
Value-Add Potential
Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI.
Investment Highlights
This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio.
Location
Province SK
Interior
Heating Hot Water
Cooling Hot Water
Flooring Other
Appliance Fridge, Stove
Exterior
Exterior Feature Brick
Amenities Available None
Building
Building Description Wood Frame, Low-Rise (3 floors and under)
Story 2.00
Structure Type Wood Frame
Others
Ownership Freehold
Listed by RE/MAX Saskatoon