10 Pearl Avenue, Killaly, Saskatchewan S0A 1X0

Listed for:
$349,000
0 beds
0 baths
Listed 28 days ago
Multi-Family for rent: 10 Pearl Avenue, Killaly, Saskatchewan S0A 1X0

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About

Multi-unit rental property located in the quiet village of Killaly, just minutes from Yorkton. Situated on a low-traffic street, offering peaceful small-town living with convenient access to city amenities. Turnkey, fully rented income-producing investment with strong cash flow. This well-maintained, wheelchair-accessible 7-suite multi-family property offers an outstanding opportunity for investors seeking stable rental income. Conveniently located just minutes from Melville, this approximately 5,500 sq. ft. building sits on a generous 140' x 150' lot and features seven fully rented well-maintained rental suites, including four 1-bedroom units, two 2-bedroom units, and one bachelor suite. Designed for tenant comfort and ease of management, the property offers a spacious common area, free shared laundry, private patio space for each suite, beautifully maintained green space, and six electrified parking stalls. The building has been well cared for and provides comfortable living in a quiet community, making it attractive to long-term tenants. With an approximate gross annual rental income of $68,400, estimated operating expenses of $29,000, and an approximate Net Operating Income (NOI) of $39,400, this property presents a solid investment opportunity with immediate income and future appreciation potential. Whether you're expanding your real estate portfolio or purchasing your first multi-family investment, this property offers an excellent combination of cash flow, stability, and value. All measurements, income, expenses, and projections are approximate and should be independently verified by interested buyers. (id:27476)

Property Highlights

MLS® Number
SK030793
Type
Multi-family
Ownership Type
Freehold
Land Size
21000 sqft
Parking Space Total
6

Building

Building Type
Multi-Family
Storeys
1.00
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot Water
Heating Fuel
Electric, Natural gas
Building Cooling Type
Air Conditioned

Location

Learn more about this property
Listing provided by:
RE/MAX Blue Chip Realty
MLS® number:
SK030793
Agent:
Dilipkumar (dn) Patel
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