206 Burns AVENUE W, Melfort, SK S0E 1A0
206 Burns AVENUE W, Melfort, SK S0E 1A0
206 Burns AVENUE W, Melfort, SK S0E 1A0
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Listed by Mark Dean • Hammond Realty
$300,000
Est. payment /mo
6,356 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Residential Only

Listing Status Active

Purchase Type For Sale

MLS Listing ID SK033907

Year Built 1968

Lot Size 6,356 Sqft

Acres 0.14591368

Property Sub-Type Residential Only

Source Saskatchewan

Property Description

Excellent passive income opportunity with this solid three-unit multifamily property offering zero vacancy. Current gross income is $27,600, with potential to increase to $31,000+ per year. The landlord currently pays all utilities (Power $2,905; Energy $1,900; Property Tax $2,595; Water/Sewer $3,100, although this is atypically high due to a leak). This well-built and well-maintained property was built in 1968 and features a full concrete basement. The unit mix includes one 2-bedroom suite on the main floor, plus one 1-bedroom suite and one bachelor suite in the basement. Recent upgrades include: Shingles (2024); Eavestroughs (2024); PVC windows throughout (2016); Two energy-efficient furnaces (2015); Hot water heater (2015); Washer and dryer (2015); Part Flooring (2015).
The property also offers a lawn front and back, maintenance free backyard fence and garden shed, adding further tenant appeal.

Location

Province SK

Interior

Heating Forced Air, Natural Gas

Flooring Wood

Appliance Dryer, Fridge, Stove, Washer

Exterior

Exterior Feature Stucco, Wood

Garage Spaces 3.0

Amenities Available Shared Laundry

Total Parking Spaces 3

Building

Story 1.00

Others

Ownership Freehold

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206 Burns AVENUE W

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