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Multi-Family For Sale

$1,200,000

MLS® Number: SK024431

Year Built

1968

15 4th AVENUE, Maple Creek, Saskatchewan

About This Property

Discover an exceptional investment opportunity with this well-maintained 12-unit apartment building, ideally suited for both seasoned and first-time multifamily investors. The property offers a strong unit mix of four (4) spacious 1-bedroom units and eight (8) comfortable 2-bedroom units, maximizing occupancy potential and wide market appeal. Key Features 12 Total Units 4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns. Strong Rental Demand The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy. Value-Add Potential Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI. Investment Highlights This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio.

Property Details

Interior Details

Appliances

Refrigerator, Stove

Heating

Hot Water

Building & Exterior

Architectural Style

Low rise

Building Features

Shopping Area

Number Of Units Total

12

Stories

2.0

Year Built

1968

Land & Location

Community Features

Pets Allowed With Restrictions

Frontage Length

100.0 feet

Lot Features

Treed

Lot Size Dimensions

100x140

Postal Code

S0N1N0

Listing & Financials

Listing Office

RE/MAX Saskatoon

Originating System Name

Saskatchewan REALTORS® Association

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

0

Mortgage Calculator

20% ($240,000)
5.5%
25 Years

Estimated Monthly Payment

$5,895

Principal and interest only. Actual rates may vary.

Location & Map

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