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$ 1,250,000
Est. payment /mo
Pending
503 Thomson STREET Outlook, SK S0L 2N0
14,311 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 14,311 sqft
Price per Sqft $87
MLS Listing ID SK019878
Year Built 1967
Annual Tax Amount $8,666
Tax Year 2025
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Mixed Use
Source Saskatchewan
Property Description
Excellent Investment Opportunity! This 12-unit apartment building is located in a thriving and growing community just a short drive from Saskatoon. With strong rental demand and steady income potential, this property is a perfect addition to any investor's portfolio. The building was upgraded with a new sloped roof, boiler system, added balconies to all units above grade with privacy walls between units close to each other. Besides the polished update exterior (windows 2019, siding, eavestroughs and soffits) the inside has also had a complete renovation. There is 7× 1 bedroom and 5 x 2 bedroom units bringing in just under 10,000/ month in revenue. Two of the units have not been renovated due to long term tenants. With this turn key operation it's an ideal choice for long-term growth and stability for your money! Don't miss this chance to secure an opportunity that does not often happen, call today and take part of this real estate investment in a community on the rise!
Location
State SK
Interior
Heating Hot Water
Cooling Hot Water
Exterior
Fence None
Building
Structure Type Wood Frame
Others
Ownership Freehold
Listed by RE/MAX Shoreline Realty