3 & 4 825 Gladstone Street E Swift Current, Saskatchewan S9H 5P1

$3,320,000

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:60850)

Property Details

MLS® Number	SK961580
Property Type	Multi-family
Neigbourhood	South East SC
Community Features	Pets Allowed
Features	Treed, Balcony
Parking Space Total	35
Structure	Patio(s)

Building

Appliances	Washer, Refrigerator, Dishwasher, Dryer, Window Coverings, Stove
Architectural Style	Low Rise
Constructed Date	2018
Heating Fuel	Natural Gas
Heating Type	Hot Water
Stories Total	2
Type	Multi-family

Land

Acreage	Yes
Landscape Features	Lawn, Fully Landscaped
Size Irregular	1.34
Size Total	1.34 Ac
Size Total Text	1.34 Ac

https://www.realtor.ca/real-estate/26601060/3-4-825-gladstone-street-e-swift-current-south-east-sc