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$525,000
Est. payment /mo
0.27 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID SK010174
Style Low rise
Year Built 1977
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Freehold
Source Saskatchewan REALTORS® Association
Property Description
This exceptionally clean and recently renovated 6-plex in Tisdale, SK, presents a prime investment opportunity in a high-demand rental market. The property features five spacious 2-bedroom suites, currently renting for $850 each, and one comfortable 1-bedroom suite, currently renting for $800, fully rented out! With lots of demand and potential to increase. Each suite is equipped with individual electric heat, with tenants responsible for their own electricity costs, significantly minimizing landlord expenses to only the gas for the hot water heater and the water bill. Tisdale's robust economy, driven by major employers in agri-value (Parrish & Heimbecker, Louis Dreyfus, Viterra), manufacturing (Irving Manufacturing, C-Merak Innovations), heavy equipment (Rocky Mountain Equipment), retail, and essential services (SaskPower, Tisdale Hospital, Suncrest College), ensures consistent rental demand. A detailed proforma is available upon request. (id:24570)
Location
Province SK
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features Pets Allowed, Adult Oriented
View Y/N Yes
View View
Total Parking Spaces 6
Private Pool No
Building
Lot Description Lawn, Fully landscaped
Story 2.5
Architectural Style Low rise
Others
Ownership Freehold
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Listed by eXp Realty