Property Description for 341 2nd SE AVENUE
Introducing an exceptional investment opportunity: a 12-suite apartment building strategically situated in a prime location, offering unparalleled access to a variety of amenities. This property is directly across from a COOP grocery store and just blocks from a local college, providing a steady stream of potential tenants. Residents will appreciate the scenic walking paths along the river and the proximity to multiple parks, including the newly developed all-inclusive park. Additionally, the property is within close range of the prestigious Chinook golf course, tennis courts, an outdoor swimming pool, and K-12 schools, enhancing its appeal to families and individuals alike. This well-appointed building features 11 two-bedroom units and 1 one-bedroom unit, with the two-bedroom configurations being particularly advantageous for maximizing rental income. The property has been exceptionally maintained and boasts extensive renovations, including multiple updated units featuring modern kitchens, bathrooms, and flooring. The common laundry room has also been refurbished, alongside fresh paint and other enhancements throughout the building. With owned laundry facilities and well-maintained mechanical systems, this property offers both convenience and peace of mind for prospective investors. The building includes 12 electrified parking spaces and is currently 100% occupied, ensuring immediate cash flow and a solid return on investment. Don't miss this opportunity to invest in a thriving property in a sought-after location. Contact today to schedule a viewing and explore the potential this apartment building has to offer.
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Property Details
Property Tax
: $15,045 (2024)MLS® #
: SK986620
Home Features
Property Type
: MultiFamilySubdivision
: South East SC
Interior Features
Heating
: Hot WaterFlooring
: Wood
Exterior Features
Acreage
: 0.30
Other
Exterior Features
: Brick, Mixed, Wood
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The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association. The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.