816 12th Street W Prince Albert, Saskatchewan S6V 3C5
$1,395,000
Incredible opportunity with this 22-unit Rowhouse complex. 21- 2-bedroom units plus 1 unit that has been converted into office/storage and laundry room for the complex. Could be converted into 1 bedroom suite and keep laundry where it is. Rents are below market value and could be raised to increase revenue by more than $25,000 per year. All units have front and back access, furnace, and water heaters. Tenants are responsible to pay all utilities. Updates include all windows and furnaces plus roof has been resurfaced. Units are also renovated as needed. Property is currently owner managed for the last 20+ years but a Professional Property Management company is available at 7% of gross rent. Vacancy rate is very low, and units are incredibly easy to rent. Listing price is below recent appraisal value. (id:53113)
Property Details
| MLS® Number | SK925171 |
| Property Type | Multi-family |
| Neigbourhood | West Flat |
| Amenities Near By | Public Transit |
| Community Features | Pets Not Allowed |
| Features | Balcony |
Building
| Amenities | Shared Laundry |
| Appliances | Washer, Refrigerator, Dryer, Stove |
| Constructed Date | 1912 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Multi-family |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Landscape Features | Lawn, Fully Landscaped |
| Size Irregular | 32680.00 |
| Size Total | 32680 Sqft |
| Size Total Text | 32680 Sqft |
https://www.realtor.ca/real-estate/25451450/816-12th-street-w-prince-albert-west-flat
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April 10 2023 10:33:36
Saskatoon Region Association of REALTORS® Inc.
Royal LePage Icon Realty
