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Location
Key Details
$549,900.00
4 Baths
Attached
Bi-level Modified
1,960 SQ.FT
1983
Saskatoon
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!
Listing courtesy of Royal Lepage Varsity
More Info
City: Saskatoon
Square Footage: 1960
Year Built: 1983
Style: Bi-level Modified
Type: Fourplex (all 4 Units)
Roof: Asphalt Shingles
Exterior: Siding
Heating: Hot Water
Appliances: Fridge,stove,washer,dryer,dishwasher Built In
Land Size: 9689.00
Total Acres: 0.2224
Water Heater: Included
Listed By: Royal Lepage Varsity