16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE ROUGHLY $290,000 IN INCOME FOR 2024. Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 9 years of New Home Warranty plans. This attractive investment offers a 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing. (id:27989)
MLS® Number | SK961580 |
Property Type | Multi-family |
Neigbourhood | South East SC |
Community Features | Pets Allowed |
Features | Treed, Balcony |
Parking Space Total | 35 |
Structure | Patio(s) |
Appliances | Washer, Refrigerator, Dishwasher, Dryer, Window Coverings, Stove |
Architectural Style | Low Rise |
Constructed Date | 2018 |
Heating Fuel | Natural Gas |
Heating Type | Hot Water |
Stories Total | 2 |
Type | Multi-family |
Acreage | Yes |
Landscape Features | Lawn, Fully Landscaped |
Size Irregular | 1.34 |
Size Total | 1.34 Ac |
Size Total Text | 1.34 Ac |
https://www.realtor.ca/real-estate/26601060/3-4-825-gladstone-street-e-swift-current-south-east-sc
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