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Location
Key Details
$1,880,000.00
Residential Only
1977
Saskatoon
Description
When Viewing This Property On Realtor.ca Please Click On The Multimedia or Virtual Tour Link For More Property Info. Discover an unparalleled investment opportunity with this modern 15-unit multi-residential property at 1320 College Drive, Saskatoon, directly across from the University of Saskatchewan. This property features a mix of boarder-style suites and spacious apartments, ensuring broad tenant appeal. It offers strong financials with a total annual rental income of $186,000 and additional laundry income of $2,500, leading to a net annual income of $139,413 after all expenses. Efficient tenant management through WhatsApp, strategic lease expirations, and high demand due to its prime location led to ZERO vacancies. With 5 electrified parking spots and modern amenities, this high-yield, low-maintenance property is a lucrative addition to any real estate portfolio. Don't miss this exceptional investment
Listing courtesy of Pg Direct Realty Ltd.
More Info
City: Saskatoon
Year Built: 1977
Type: Low-rise (3 Floors And Under)
Outdoor: Balcony, Trees/shrubs
Amenities: Shared Laundry
Elevators: 0
Exterior: Stucco
Heating: Electric, Forced Air, Hot Water, Natural Gas
Appliances: Fridge,stove,washer,dryer
Land Size: 0.16
Smoke Detectors: Yes
Total Acres: 0.1600
Listed By: Pg Direct Realty Ltd.