SK > Swift Current > South East Sc
Swift Current, SK S9H 5P1,825 Gladstone STREET #3 & 4
Swift Current, SK S9H 5P1,825 Gladstone STREET #3 & 4
Swift Current, SK S9H 5P1,825 Gladstone STREET #3 & 4
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Listed by Bobbi Tienkamp • RE/MAX of Swift Current
$3,320,000
Est. payment /mo
1.34 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Residential Only

Listing Status Active

Purchase Type For Sale

Subdivision South East Sc

MLS Listing ID SK999175

Year Built 2018

Lot Size 1.340 Acres

Acres 1.34

Property Sub-Type Residential Only

Source Saskatchewan

Property Description

16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE ROUGHLY $290,000 IN INCOME FOR 2024. Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 9 years of New Home Warranty plans. This attractive investment offers a 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing.

Location

Province SK

Community South East Sc

Interior

Heating Hot Water, Natural Gas

Flooring Wood

Appliance Fridge, Stove, Washer, Dryer, Dishwasher Built In, Window Treatment

Exterior

Exterior Feature Vinyl

Garage Spaces 35.0

Amenities Available Other (See REALTOR Remarks), Storage, Visitor Parking

Total Parking Spaces 35

Building

Building Description ICF Block, Low-Rise (3 floors and under)

Story 2.00

Structure Type ICF Block

Others

Ownership Freehold

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825 Gladstone STREET #3 & 4

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