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MLS® SK026508

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $16,390
Days Active 6
Lot Size 
Approx. Age 1964
MLS® Number SK026508

Property Address: 285 Fairford St E, Moose Jaw, SK, S6H0E1

Average square foot calculated using Size range provided by listing agent.

Description

Looking to expand your investment portfolio? This strong 18-suite apartment building offering immediate, stabilized cash flow in a high-demand central Moose Jaw location is available for purchase. Property has 17/18 suites currently rented with a proven tenant base, including 6 long-term tenants with residency spanning approx 6 to 16 years, supporting predictable income & reduced turnover. The building features a desirable suite mix of 6 two-bedroom units, 11 one-bedroom units, &1 bachelor suite, appealing to a broad rental demographic. Most suites have been updated over time with improvements including flooring, paint, & bathroom vanities. All suites are equipped with newer intercom systems, solid core fir entry doors, & include fridge, stove, & hood fan. Separate electrical metering allows for efficient expense control & improved net operating income. Key capital upgrades & mechanical features include natural gas boiler with baseboard heating in all suites, 81-litre hot water heater, & all windows have been replaced. The top two floors (12 suites) are equipped with wall air conditioning, enhancing tenant retention & rental appeal. Coin-operated laundry on the lower floor provides additional income. The site includes 18 electrified parking stalls, a strong amenity in this central location. Located across from Crescent Park, steps to public transit & the Senior Activity Centre, & within walking distance to Temple Gardens Mineral Spa & Casino, restaurants, banking, retail/grocery stores, & medical clinic. This location supports consistent demand & long-term rental stability. An excellent opportunity for investors seeking a well-located, stabilized multi-family asset with long-term tenants, controlled expenses, & future rental upside in a growing rental market. (id:58753)Show Description
MLS® NumberSK026508
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1964
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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  • Commute

Commute

Starting Address
Destination Address
285 Fairford St E, Moose Jaw, SK

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