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:4069)
Address
1905 101st STREET
List Price
$505,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Style of Home
Low rise
Transaction Type
Sale
Area
Saskatchewan
Sub-Area
Tisdale
Lot Size
0.27 Sq. Ft.
Year Built
1977
MLS® Number
SK010174
Listing Brokerage
eXp Realty
Postal Code
S0E1T0
Site Influences
View
Amenities
Shared Laundry