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Renanza Realty
For sale

2440 ABBOTT ROAD

Regina, Saskatchewan

MLS® SK040888

$1,050,000

Status
Active
Property type
Multi-family
MLS® number
SK040888
Bedrooms
Bathrooms
Year built
1961

Listing description

Excellent investment opportunity to acquire a well-maintained 9-unit apartment building in the desirable Arnhem Place neighbourhood of Southeast Regina. Ideally situated within walking distance of Douglas Park and Wascana Park, this property offers tenants convenient access to green space, recreation, public transit, shopping, and other nearby amenities. Over the past several years, the building has undergone numerous capital improvements, providing peace of mind for investors and reducing future maintenance costs.

Recent Updates Include: *Sheet metal roof (approximately 7 years old) *New eavestroughs *22 new windows *New PEX water and heating lines throughout the basement *New sewer line from City of Regina shutoff and fully under the building. *New flooring in common hallways and stairwells *New underground yard sprinkler system The property features a 75-gallon rented hot water heater through Heath and an on-demand hot water boiler currently rented through Mackenzie. The boiler rental will be paid out by the seller upon completion, providing added value to the property.

This is an excellent opportunity for investors seeking a solid multi-family asset in a strong rental location with significant recent capital upgrades.

Property summary

MLS® number
SK040888
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
8868 square feet
Built in
1961
Annual property taxes
$8,932.00
Parking
7 spaces
Days on market
61 days

Features & details

Heating
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 $1,050,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,885 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Dome Realty Inc., Regina.

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.