3 & 4 825 Gladstone Street E,Swift Current, SK S9H5P1
Swift Current, SK S9H5P1
Description
16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE OVER $300,000 IN INCOME FOR 2025. **A CMHC mortgage is in place that is fully transferable to a buyer, meaning all of the due diligence has been completed, mortgage approved and the buyer simply needs to qualify to assume the mortgage** 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 7 years of New Home Warranty plans. This attractive investment offers an over 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:13843)
Details
| MLS # | SK031534 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 2018 |
| Days On Site | 208 |
| Listing Provided By | RE/MAX of Swift Current | Bobbi Tienkamp |
Features
| Story(s) | 2 |
|---|---|
| Units | 16 |
| Acreage | 0.00 |
Interior
| Heating | Natural gas, Hot Water |
|---|---|
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Treed, Balcony |
|---|
Parking
| Parking Total | 35 |
|---|
Taxes
| Tax Annual Amount | 34823 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | SK |
|---|---|
| City | Swift Current |
| Postal Code | S9H5P1 |
| Listing VS Median (in S9H5P1) | |
Price: $3,320,000 low | high Med: $0 On site: 208 low | high Med: | |
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Learn More About This Property
| Province | SK |
|---|---|
| City | Swift Current |
| Postal Code | S9H5P1 |
| Listing VS Median (in S9H5P1) | |
Price: $3,320,000 low | high Med: $0 On site: 208 low | high Med: | |