5 beds · 4 baths · 2087 sqft
Exciting investment opportunity in the heart of City Park! The property features one 2-bedroom unit and three 1-bedroom units, along with a common laundry room and 4 parking stalls. Impeccably maintained, Currently generating $3,600 monthly with virtually no vacancies. This property, boasting rare RM5 zoning, offers a unique chance for both short and long-term gains, with the potential for future multi-family high rise development. This 4-unit property must be acquired alongside the adjacent property (MLS# SK990729). Conveniently situated near the University of Saskatchewan, 2 hospitals, the South Saskatchewan River, Meewasin Trails, and downtown, it's a prime location. (id:39198)
Building Type Fourplex
Year built 1914
Square Footage 2087 sqft
Stories 2.5
Bedrooms 5
Bathrooms 4
Parking
NeighbourhoodCity Park
Land size 3241 sqft
Heating type Baseboard heaters, Hot Water
Basement typePartial (Finished)
Parking Type
Time on REALTOR.ca3 days
Brokerage Name: RE/MAX Saskatoon
Home price
$465,000
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.
$4,230 / month
Rent $3,741
Savings $489
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$3,728 / month
Rent $3,626
Savings $102
Initial deposit 5%
Savings target Fixed at 5%