Homes for sale - 405 Ominica STREET W, Moose Jaw, SK S6H1X7

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$399,000

Est. payment - /mo

6,250 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Central Mj

MLS® Listing ID SK988968

Style Low rise

Originating Board Saskatchewan REALTORS® Association

Year Built 1908

Lot Size 6,250 Sqft

Acres 6250.0

Property Description

Welcome to an exceptional investment property located in the Central heart of Moose Jaw. This 7-suite rental property is a gem waiting to be discovered by savvy investors like yourself. With its prime location & attractive rental income, this opportunity is not to be missed! Each suite in this investment property comes with its own convenient laundry facilities. This feature adds significant value to the property, as it provides tenants with the convenience & privacy they desire. One of the key advantages of this investment property is that tenants are responsible for their own electrical costs. This setup allows for a hassle-free revenue stream, reducing your expenses & maximizing profitability. As the owner, you'll appreciate that the building covers the heat costs. This arrangement ensures that your tenants enjoy a warm & comfortable living environment while you maintain control of your operating expenses. This investment property generates an impressive monthly revenue of $6,100. Here's a breakdown of the rental income for each suite: Suite #1 - One Bedroom - $850, Suite #2 - Two Bedroom - $1000, Suite #3 - One Bedroom - $850, Suite #4 - One Bedroom - $850, Suite #5 - One Bedroom - $700, Suite #6 - One Bedroom - $850, Suite #7 - Two Bedroom - $1000 (effective October 1, 2024). Whether you're a seasoned investor or just starting your real estate portfolio, this property presents a fantastic opportunity to generate consistent rental income. With its desirable location & the convenience of separate laundry facilities, this investment is sure to attract quality tenants & provide a solid return on your investment. Don't miss out on this rare investment opportunity in Moose Jaw! Act now to secure your future by adding this outstanding property to your portfolio. Contact us or your REALTOR® today to arrange a viewing & explore the potential of this incredible investment property. Opportunities like this won't last long! (id:24570)

Location

Province SK

Interior

Heating Hot Water,

Exterior

Parking Features No

Community Features Pets Allowed

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 2

Architectural Style Low rise

Others

Ownership Freehold

Read Less Info

Listed by Coldwell Banker Local Realty

+1(250) 882-3335

alex@victoriahomes.com

405 Ominica STREET W Moose Jaw, SK S6H1X7