$ 379,900 – 280 Burns AVENUE

0 BR / 0 BA Multi-family – Southey

Check out this fully rented 5-plex business opportunity in the commuters town of Southey, SK located ½ hour north of Regina with a growing population of approximately 850 people and a rural municipality of another 1500 people. The town features an excellent K – 12 school, a vibrant business sector and has fabulous recreational facilities. There are not many rental opportunities like this in Southey. The building features: two spacious 2-bedroom suites, two 1-bedroom suites and one bachelor suite. The two suites on the main floor have been fully renovated in past 5 years and the 3 suites on the lower level are all original. There is also an additional suite currently under construction and two offices that could potentially be converted to another apartment (potential of 7).The property offers off-street parking, shared laundry facilities, updated vinyl siding, PVC windows and a newer metal roof—reducing your maintenance headaches. Take advantage of Southey's strong rental demand and let your investment work for you. With stable tenancy, income from day, an opportunity to add 2 more generating suites (Total of 7), in a sought-after location this is a property worth adding to your portfolio. (id:6769)