707 Railway Avenue
Neudorf, Saskatchewan S0A2T0

4 beds · 3 baths · 2634 sqft

Multi-family unit available in the town of Neudorf. This completely renovated revenue property offers superior rental accomodation and a reliable source of revenue. At one time this old railway station was home to a doctor's office and a restaurant and bar. The main level consists of 2 units that could easily be converted back to one space if desired. The first unit is a spacious 2 bed, 1 bath with in-suite laundry. The second unit on the main is a studio with kitchen and a 3 piece bath. The upstairs unit features 2 beds and 1 bath with in-suite laundry. This is a great opportunity for someone looking for an investment property with the option of a residence for the new owner. Or looking to open up a business? Convert the main floor to a business and live upstairs. Some of the many upgrades include: plumbing, furnace (2017), water heater (2017), electrical with 200 amp service (x2), siding, metal roof, windows, doors, flooring and much more. All appliances included. Currently rents for: 2 bedroom/1 bath Main Floor Unit - $1000 including all utilities, Studio - $500 not including all utilities, 2 bedroom/1 bath Upper Unit - $695 including water (tenant responsible for power and gas). 2 separate gas and power meters (one set supplies the main units and the other the upper unit). Water approx $150/month for all, lower units; gas $150 and power $290. (id:39198)

Facts & Features

Building Type Triplex

Year built 1915

Square Footage 2634 sqft

Stories 2

Bedrooms 4

Bathrooms 3

Parking

Neighbourhood

Land size 13520 sqft

Heating type Baseboard heaters, Forced air

Basement typePartial (Unfinished)

Parking Type

Time on REALTOR.ca161 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Royal LePage Next Level

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Home price

$149,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$1,283 / month

Rent $1,182

Savings $101

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$1,195 / month

Rent $1,162

Savings $33

Initial deposit 5%

Savings target Fixed at 5%