UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Only
Listing Status Pending
Purchase Type For Sale
Subdivision Arnhem Place
MLS Listing ID SK040888
Year Built 1961
Lot Size 8,868 Sqft
Acres 0.20358127
Property Sub-Type Residential Only
Source Saskatchewan
Property Description
Over the past several years, the building has undergone numerous capital improvements, providing peace of mind for investors and reducing future maintenance costs.
Recent Updates Include:
*Sheet metal roof (approximately 7 years old)
*New eavestroughs
*22 new windows
*New PEX water and heating lines throughout the basement
*New sewer line from City of Regina shutoff and fully under the building.
*New flooring in common hallways and stairwells
*New underground yard sprinkler system
The property features a 75-gallon rented hot water heater through Heath and an on-demand hot water boiler currently rented through Mackenzie. The boiler rental will be paid out by the seller upon completion, providing added value to the purchaser.
The seller has also used 2 suites as Airbnb units, with approximate income in 2025 of $140,000.00.
This is an excellent opportunity for investors seeking a solid multi-family asset in a strong rental location with significant recent capital upgrades.
Location
Province SK
Community Arnhem Place
Interior
Heating Hot Water
Flooring Wood
Appliance Dryer, Fridge, Stove, Washer
Exterior
Exterior Feature Mixed, Stucco
Garage Spaces 7.0
Amenities Available Shared Laundry
Total Parking Spaces 7
Building
Story 1.00
Others
Ownership Freehold
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