10 Pearl AVENUE
Killaly, Saskatchewan
MLS® SK030793
$349,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- SK030793
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1988
1 / 28Listing description
Turnkey, fully rented income-producing investment with strong cash flow. This well-maintained, wheelchair-accessible 7-suite multi-family property offers an outstanding opportunity for investors seeking stable rental income. Conveniently located just minutes from Melville, this approximately 5,500 sq.
ft. building sits on a generous 140' x 150' lot and features seven fully rented well-maintained rental suites, including four 1-bedroom units, two 2-bedroom units, and one bachelor suite. Designed for tenant comfort and ease of management, the property offers a spacious common area, free shared laundry, private patio space for each suite, beautifully maintained green space, and six electrified parking stalls.
The building has been well cared for and provides comfortable living in a quiet community, making it attractive to long-term tenants. With an approximate gross annual rental income of $68,400, estimated operating expenses of $29,000, and an approximate Net Operating Income (NOI) of $39,400, this property presents a solid investment opportunity with immediate income and future appreciation potential. Whether you're expanding your real estate portfolio or purchasing your first multi-family investment, this property offers an excellent combination of cash flow, stability, and value.
All measurements, income, expenses, and projections are approximate and should be independently verified by interested buyers.
Property summary
- MLS® number
- SK030793
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 21000 square feet
- Built in
- 1988
- Annual property taxes
- $4,387.00
- Parking
- 6 spaces
- Days on market
- 182 days
Features & details
- Heating
- Electric, Natural gas, Hot Water
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Lot features
- Treed
- Community features
- Pets Allowed With Restrictions
- Architectural style
- Low rise
What would this home cost you?
Based on the $349,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Blue Chip Realty, Yorkton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.