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509 12th Avenue Estevan, Saskatchewan S4A 1E7

Low Rise Hot Water

$520,000

MOTIVATED SELLER! Appraised at $1,565,000 in 2013. Priced for quick (CASH)sale at $520,000. Only Cash offers will be considered . Information package available. Investment Opportunity: 16-Unit Apartment Building in Estevan, Saskatchewan Discover an exceptional investment opportunity in the heart of Estevan, Saskatchewan. This 16-unit apartment building offers a mix of one and two-bedroom suites, catering to a diverse tenant base. Key Features: Rented: Enjoy immediate and consistent rental income, with the property currently grossing over $8,000 per month. Suite Variety: The building comprises a balanced mix of spacious one-bedroom and two-bedroom suites, attracting a wide range of tenants and ensuring high occupancy rates. Prime Location: Situated in a downtown area of Estevan, tenants benefit from close proximity to local amenities, schools, parks, and public transportation, enhancing the property's rental appeal. Potential for Growth: Estevan's growing community and economic stability provide potential for rental increases and property value appreciation over time. This 16-unit apartment building represents a solid investment with robust returns and long-term growth potential. Don't miss out on this opportunity to secure a prime piece of Estevan's real estate market. (id:53113)

Property Details

MLS® Number SK970395
Property Type Multi-family
Neigbourhood City Center
CommunityFeatures Adult Oriented
Features Treed

Building

Appliances Refrigerator, Stove
ArchitecturalStyle Low Rise
ConstructedDate 1928
HeatingFuel Natural Gas
HeatingType Hot Water
StoriesTotal 2
Type Multi-family

Land

Acreage No
SizeIrregular 6300.00
SizeTotal 6300 Sqft
SizeTotalText 6300 Sqft

https://www.realtor.ca/real-estate/26939619/509-12th-avenue-estevan-city-center

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