For Sale Sold
2617 – 7th St East, Saskatoon, SK
Asking Price $1,155,000
Legal Lot 4 Block 477 Plan 61S18117
Mortgage Treat as clear title.
Taxes 2017 $10,118
Description
  • Apartment block is 11 suites, 11 x 1 BR  
  • Wood frame construction, largely brick clad exterior
  • Concrete block walls separate the suites
  • Rental rates $750/$765
  •  Building is 100% occupied
  •  Suites are approximately 500 sq ft
  •  All suites have lower level secure storage room
  •  New hot water heater in 2013
  •  Common area carpets replaced in 2016 at a cost of $9,000
  • All window aluminum sliders were replaced with PVC sliders approximately 5 years ago at a cost of $16,000.
  •  1 washer and 1 dryer owned
  •  Very well maintained building that shows well. In mint condition.
  •  Well located on bus route and within one block from Superstore.
  •  Building has central vac and yard has underground sprinklers.
  •  Rent was last increased in Jan 2015.
  •  Owner has indicated that of the 1452 months of rentable income since he purchased the building he has missed a total of 5 months rent. A testament to condition and location.

PLEASE CONTACT DEL PETERS REALTY FOR FINANCIAL INFORMATION


Disclaimer: Del Peters Realty received the above information contained in this proforma from sources deemed reliable but do not guarantee same. Each investor must rely on their own investigation of the salient facts.