89 Horkoff Avenue Wadena, Saskatchewan S0A 4J0
$350,000
Well-positioned four-plex offering strong income potential and long-term investment stability in the community of Wadena. This 1,560 sq. ft. property features a total of 5 bedrooms and 4 bathrooms across four self-contained units, making it well suited for investors seeking diversified rental income within a single asset. Current tenancy includes three occupied units with one vacant suite, providing immediate upside through lease-up. Existing rents total $2,700/month, with market rents supporting approximately $4,100/month when fully stabilized (utilities included), offering a clear path to improved cash flow. Capital improvements include an updated furnace and new plumbing, helping reduce near-term maintenance risk and support long-term asset durability. The unit mix and utility-included rent structure align well with local tenant demand, contributing to consistent occupancy potential. The seller prefers to sell this property as part of a portfolio package alongside 245 3rd Street and 633/635 3rd Street, presenting a rare opportunity to acquire multiple income-producing properties in one transaction. Ideal for investors seeking scale, value-add potential, and long-term rental performance in a growing regional market. (id:59126)
Property Details
| MLS® Number | SK027322 |
| Property Type | Single Family |
| Features | Corner Site, Irregular Lot Size |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 5 |
| Appliances | Washer, Refrigerator, Dryer, Stove |
| Architectural Style | Bi-level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1970 |
| Construction Style Attachment | Attached |
| Heating Type | Forced Air |
| Size Interior | 1,560 Ft2 |
| Type | Fourplex |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 9 ft ,10 in | 7 ft ,10 in | 9 ft ,10 in x 7 ft ,10 in |
| Basement | Living Room | 13 ft ,5 in | 13 ft ,11 in | 13 ft ,5 in x 13 ft ,11 in |
| Basement | 4pc Bathroom | 4 ft ,11 in | 6 ft ,6 in | 4 ft ,11 in x 6 ft ,6 in |
| Basement | Bedroom | 9 ft | 16 ft ,6 in | 9 ft x 16 ft ,6 in |
| Basement | Other | 4 ft | 14 ft | 4 ft x 14 ft |
| Basement | Laundry Room | 9 ft ,6 in | 14 ft | 9 ft ,6 in x 14 ft |
| Basement | Kitchen | 7 ft ,11 in | 9 ft ,6 in | 7 ft ,11 in x 9 ft ,6 in |
| Basement | Living Room | 13 ft ,4 in | 13 ft | 13 ft ,4 in x 13 ft |
| Basement | 4pc Bathroom | 4 ft ,11 in | 6 ft ,5 in | 4 ft ,11 in x 6 ft ,5 in |
| Basement | Bedroom | 12 ft | 9 ft ,7 in | 12 ft x 9 ft ,7 in |
| Main Level | Kitchen | 7 ft ,9 in | 13 ft ,1 in | 7 ft ,9 in x 13 ft ,1 in |
| Main Level | Living Room | 14 ft ,4 in | 13 ft ,1 in | 14 ft ,4 in x 13 ft ,1 in |
| Main Level | 4pc Bathroom | 5 ft | 7 ft | 5 ft x 7 ft |
| Main Level | Bonus Room | 10 ft ,9 in | 7 ft ,9 in | 10 ft ,9 in x 7 ft ,9 in |
| Main Level | Bedroom | 11 ft ,3 in | 11 ft ,11 in | 11 ft ,3 in x 11 ft ,11 in |
| Main Level | Kitchen | 7 ft ,9 in | 13 ft ,1 in | 7 ft ,9 in x 13 ft ,1 in |
| Main Level | Living Room | 14 ft ,4 in | 13 ft ,1 in | 14 ft ,4 in x 13 ft ,1 in |
| Main Level | 4pc Bathroom | 5 ft | 7 ft | 5 ft x 7 ft |
| Main Level | Bedroom | 10 ft ,9 in | 7 ft ,9 in | 10 ft ,9 in x 7 ft ,9 in |
| Main Level | Bedroom | 11 ft ,3 in | 12 ft | 11 ft ,3 in x 12 ft |
Land
| Acreage | No |
| Size Irregular | 0.27 |
| Size Total | 0.27 Ac |
| Size Total Text | 0.27 Ac |
Parking
| Gravel | |
| Parking Space(s) | 4 |
https://www.realtor.ca/real-estate/29284499/89-horkoff-avenue-wadena
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June 17 2026 05:18:26
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