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3 & 4 825 Gladstone Street E Swift Current, Saskatchewan S9H 5P1

Low Rise Hot Water Acreage Lawn, Fully Landscaped

$3,320,000

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)

Property Details

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)

Building

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

Land

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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Bobbi Tienkamp
Salesperson

(306) 741-2853
(306) 773-0859
btienkamp.remax.ca/