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Location
Key Details
$1,880,000.00
Residential Only
1977
Saskatoon
Description
Visit REALTOR � website for additional information. Discover an unparalleled investment opportunity with this modern 15-unit multi-residential property at 1320 College Drive, Saskatoon, directly across from the University of Saskatchewan. This property features a mix of boarder-style suites and spacious apartments, ensuring broad tenant appeal. It offers strong financials with a total annual rental income of $186,000 and additional laundry income of $2,500, leading to a net annual income of $139,413 after all expenses. Efficient tenant management through WhatsApp, strategic lease expirations, and high demand due to its prime location led to ZERO vacancies. With 5 electrified parking spots and modern amenities, this high-yield, low-maintenance property is a lucrative addition to any real estate portfolio. Don't miss this exceptional investment
Listing courtesy of Pg Direct Realty Ltd.
More Info
City: Saskatoon
Year Built: 1977
Type: Low-rise (3 Floors And Under)
Outdoor: Balcony, Trees/shrubs
Amenities: Shared Laundry
Elevators: 0
Exterior: Stucco
Heating: Electric, Forced Air, Hot Water, Natural Gas
Appliances: Fridge,stove,washer,dryer
Land Size: 0.16
Smoke Detectors: Yes
Total Acres: 0.1600
Listed By: Pg Direct Realty Ltd.