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Location
Key Details
$810,000.00
Residential Only
1967
La Ronge
Description
Welcome to this incredible investment opportunity. This well maintained 8 unit apartment building is now available for sale in a quiet and desirable neighbourhood. With 6 two bedroom units and 2 one bedroom units, this property offers a variety of options for tenants. The building features a coin-operated laundry with a newer washing machine, a gas boiler, and hot water heating. In addition there is a new hot water tank with heat exchanger, ensuring the property operates efficiently. The building has a positive cash flow, making it an excellent investment opportunity for anyone looking to grow their portfolio. Tenants will appreciate the paved outdoor parking with plug-ins, making it easy to park their vehicles throughout the year. Families with children will appreciate the close proximity to a school, while students attending college will enjoy the short commute. Tenants will also appreciate the convenience of having a grocery store nearby, making it easy to stock up on essentials. Additionally, the proximity to the hospital and future long term care will provide health workers with an ideal place to live. Heat provided by natural gas boiler - new boiler 2015 Hot water provided by heat exchanger and hot water tank - new 2020 Building has overhead 200 amp electrical service Each unit has its own power meter and 100 amp service Security cameras, all new smoke/CO alarms, and fire extinguishers 2022
Listing courtesy of Choice Realty Systems
More Info
City: La Ronge
Year Built: 1967
Type: Low-rise (3 Floors And Under)
Amenities: Shared Laundry
Elevators: 0
Exterior: Vinyl,other
Heating: Hot Water, Natural Gas
Appliances: Fridge,stove,washer,dryer,window Treatment,emerg. Lighting,other
Land Size: 10454.00
Smoke Detectors: Yes
Total Acres: 0.2400
Listed By: Choice Realty Systems