Property Description

Prime Nutana Investment Opportunity! Well-maintained 8-suite apartment building in one of Saskatoon's most desirable and consistently sought-after neighbourhoods. This revenue property offers an excellent suite mix including 1 bachelor suite, 4 one-bedroom suites, and 3 two-bedroom suites, providing broad tenant appeal and strong rental demand. Located on a quiet residential street with abundant on-street parking and convenient access to downtown, Broadway Avenue, the University of Saskatchewan, and the South Saskatchewan River. The property has benefited from numerous upgrades over the years, including updated electrical, plumbing replaced approximately 15 years ago, and a boiler replacement approximately 15 years ago that has been professionally serviced annually. Suites have been renovated at various times, offering a blend of character and modern improvements. Tenants enjoy access to high-quality commercial coin-operated laundry facilities, contributing additional income potential. Strong tenant profile, excellent location, and a history of ongoing maintenance make this an attractive addition to any investment portfolio. (id:7434)