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Craig Adam

REALTOR® Associate Broker

  • Office 306-791-7666
  • Cell 306-535-9363
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221 4th Avenue E, Elrose, Saskatchewan – $239,900

  • 7 Beds
  • 4 Baths
  • 1,920 Sqft
  • 152 DOM
  • 7 Beds
  • 4 Baths
  • 1,920 Sqft
  • 152 DOM

221 4th Avenue E

Imagine a multi-family building with monthly revenue of $3,350! This investment property is suited for the new investor who wants to dip their toe into multi-residential investing or the seasoned vet that just takes advantage of great deals. Comprised of three 2-bedroom suites that rent for $900 each and a 1-bedroom that rents for $650, this property comes with 4 fridges and stoves, coin-operated washer and dryer accessible to all tenants, three renovated washrooms, two hot water tanks, and a natural gas boiler. It has been well kept up and has a low maintenance yard that includes several well-graveled parking spaces with electrical outlets. This property doesn't need TLC, it needs you to sit back and collect rent. Other than this building having great bones, it's located minutes away from the oil drilling area, so finding a tenant is easy. It's common for this property to have a wait list of tenants, currently fully leased with 6 or 12 month commitments. This is a secure and exciting money-maker. This is a complete package income producer, that is affordable.

Essential Information

  • MLS® #SK801105
  • Price$239,900
  • Bedrooms7
  • Bathrooms4.00
  • Square Footage1,920
  • Acres0.00
  • Year Built1984
  • TypeResidential
  • Sub-TypeFourplex
  • StyleBi-Level
  • StatusActive

Community Information

  • Address221 4th Avenue E
  • SubdivisionElrose
  • CityElrose
  • ProvinceSaskatchewan
  • Postal CodeS0L 0Z0

Amenities

  • Parking Spaces4
  • ParkingGravel Drive
  • GaragesParking Spaces

Interior

  • HeatingHot Water
  • Has BasementYes
  • BasementFull Basement, Fully Finished
  • # of Stories1

Appliances

Fridge, Stove, Washer, Dryer, Window Treatment

Exterior

  • ExteriorSiding
  • Lot DescriptionLane
  • RoofAsphalt Shingles
  • ConstructionWood & Frame

Additional Information

  • Days on Market152
  • HOA Fees0.00

Listing Details

  • OfficeCentury 21 Fusion
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Century 21 Fusion.

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