6 suite complex in the heart of midtown offering an exceptional revenue generating opportunity! The property features a 2 storey building situated on a large 10,320 square foot fenced lot with alley access, providing ample room for parking and future development. The building includes 3 bachelor units, 1 one-bedroom unit, 1 two-bedroom unit with in-suite laundry and a spacious three-bedroom top floor unit with laundry hookups. Each unit has its own power meter and tenants are responsible for their own electricity costs. The building is heated by a gas furnace with some units also featuring electric baseboard heaters for added convenience. Close to schools, shopping and the Rotary Trail, this property generates an annual gross income of $57,000, offering a strong return on investment in a great location. Don't miss out on this versatile income generating opportunity. Call today to schedule a viewing! (id:44479)
MLS® Number | SK999089 |
Property Type | Multi-family |
Neigbourhood | Midtown |
Features | Treed |
Structure | Deck |
Appliances | Washer, Refrigerator, Dryer, Stove |
Architectural Style | Low Rise |
Constructed Date | 1915 |
Heating Fuel | Electric, Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Multi-family |
Acreage | No |
Fence Type | Fence |
Landscape Features | Lawn |
Size Frontage | 86 Ft |
Size Irregular | 10320.00 |
Size Total | 10320 Sqft |
Size Total Text | 10320 Sqft |
https://www.realtor.ca/real-estate/28042321/516-6th-street-e-prince-albert-midtown
Contact us for more information
Adam Schmalz
Associate Broker
(306) 763-1133
(306) 763-0331