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15 4th Avenue Maple Creek, Saskatchewan S0N 1N0

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$1,200,000

MLS® Number: SK024431

Discover an exceptional investment opportunity with this well-maintained 12-unit apartment building, ideally suited for both seasoned and first-time multifamily investors. The property offers a strong unit mix of four (4) spacious 1-bedroom units and eight (8) comfortable 2-bedroom units, maximizing occupancy potential and wide market appeal. Key Features 12 Total Units 4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns. Strong Rental Demand The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy. Value-Add Potential Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI. Investment Highlights This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio. (id:59126)

Property Details

MLS® Number SK024431
Property Type Multi-family
Community Features Pets Allowed With Restrictions
Features Treed

Building

Amenities Shopping Area
Appliances Refrigerator, Stove
Architectural Style Low Rise
Constructed Date 1968
Heating Type Hot Water
Stories Total 2
Type Multi-family

Land

Acreage No
Fence Type Partially Fenced
Landscape Features Lawn
Size Frontage 100 Ft
Size Irregular 100x140
Size Total Text 100x140

https://www.realtor.ca/real-estate/29129453/15-4th-avenue-maple-creek

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    Lakeridge Property International

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