3140 Albert STREETRegina, SK, S4S 3N8

Property Description for 3140 Albert STREET

Opportunity to own a 3-suite investment property in desirable Lakeview! Imagine owning a property that provides multiple income-generating opportunities. Welcome to 3140 Albert St, a 1950's home designed by the renowned Saskatchewan architect Francis Portnall. This unique property features three distinct living spaces, making it a versatile investment or a perfect multi-generational home. The main and second floors each feature spacious 2-bedroom residences, each spanning 1,468 sq.ft. with hardwood floors, formal living rooms with fireplaces & large picture windows that flood the space with beautiful natural light-both east &west. These suites have been rented separately and provide attractive rental income -ranging between $1400-$3000 per unit. The basement also offers additional revenue potential and could be used as a rental suite, work space or caregiver space and features its own family room with fireplace, small dining area, bedroom & bathroom. All units also enjoy their own kitchen, laundry and outdoor living area. The garage is currently being utilized as a storage space, but could be converted into a loft style office space, workshop or easily converted back into a garage. Recent upgrades include modernized bathrooms and windows (2014 & 2020), a new roof (2015), a composite deck (2020), boiler work (2023). Enjoy rooftop decks, a private backyard oasis, and a xeriscaped front yard with ample parking (6 spots). Originally designed & built for twin sisters who envisioned a life of cozy luxury in close proximity, this architectural gem boasts breathtaking views of Wascana Park and the legislative buildings in the highly sought-after Lakeview area. Set on a 7,492 sq.ft. lot with a fully fenced backyard and three parking spots off the alley, this well-maintained property presents endless possibilities. Whether you’re a savvy investor or a family seeking flexible living options, 3140 Albert Street is a rare find. Call your agent today to schedule your appointment.