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$ 290,000
Est. payment /mo
Active
206 Burns AVENUE W Melfort, SK S0E 1A0
4 Beds
3 Baths
1,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $290
MLS Listing ID SK036444
Style Bungalow
Bedrooms 4
Year Built 1968
Annual Tax Amount $2,595
Tax Year 2025
Lot Size 6,356 Sqft
Acres 0.14591368
Property Sub-Type Detached
Source Saskatchewan
Property Description
Excellent passive income opportunity with this solid three-unit multifamily property offering zero vacancy. Current gross income is $27,600, with potential to increase to $31,000+ per year. The landlord currently pays all utilities (Power $2,905; Energy $1,900; Property Tax $2,595; Water/Sewer $3,100, although this is atypically high due to a leak). This well-built and well-maintained property was built in 1968 and features a full concrete basement. The unit mix includes one 2-bedroom suite on the main floor, plus one 1-bedroom suite and one bachelor suite in the basement. Recent upgrades include: Shingles (2024); Eavestroughs (2024); PVC windows throughout (2016); Two energy-efficient furnaces (2015); Hot water heater (2015); Washer and dryer (2015); Part Flooring (2015).
The property also offers a lawn front and back, maintenance free backyard fence and garden shed, adding further tenant appeal.
The property also offers a lawn front and back, maintenance free backyard fence and garden shed, adding further tenant appeal.
Location
State SK
Rooms
Basement Full Basement, Fully Finished
Kitchen 3
Interior
Hot Water Gas
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Appliance Dryer, Fridge, Stove, Washer
Exterior
Exterior Feature Stucco
Parking Features No Garage, Parking Pad
Garage Spaces 3.0
Roof Type Asphalt Shingles
Total Parking Spaces 3
Others
Ownership Freehold
Listed by Hammond Realty
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