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3 & 4 825 Gladstone STREET E
Swift Current Saskatchewan S9H5P1 Canada

$3,320,000

Active Listing ID SK961580
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Multi-family

$3,320,000

Active Listing ID SK961580
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3 & 4 825 Gladstone STREET E 16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE ROUGHLY $290, 000 IN INCOME FOR 2024. Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 9 years of New Home Warranty plans. This attractive investment offers a 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Heating Systems: Natural gas, Hot Water
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 7/23/2024 4:25:20 PM GMT
Source Updated Date: 11/22/2024 10:09:03 PM GMT

Courtesy of: Bobbi Tienkamp, Salesperson, RE/MAX of Swift Current