Welcome to 266â270 14th Avenue NE in Swift Current â a purpose-built, income-generating 3-plex offering strong returns and long-term stability. Built in 2014, this bungalow-style multi-family property is an excellent opportunity for investors looking to add a well-constructed, low-maintenance asset to their portfolio OR buyers looking for a mortgage-helper setup while living in one unit. The property features three self-contained units, each with developed basements and main floor laundry. The two end units have mirrored layouts both individually offer 1,058 sqft with 3 bedrooms and 3 bathrooms, while the centre unit spans 1,170 sqft with 2 bedrooms and 3 bathrooms. All units are thoughtfully designed to maximize tenant comfort and long-term rental appeal. Each unit is separately metered, providing operational efficiency and ease of management. The property is currently self-managed and has a strong rental history, with all tenants on month-to-month agreements and occupying their units for approximately one year or more. Vacancy has not been an issue, reflecting consistent demand in this area. Additional features include two dedicated backyard parking stalls per unit, along with ample street parking at the front. Built with quality craftsmanship and no shortcuts, this property remains in excellent condition with no major updates anticipated in the near future. With an estimated cap rate of approximately 5.5%, this property is a strong turnkey option for anyone looking to get into Swift Currentâs rental market. It also suits buyers relocating to the area who want a low-maintenance home with the added benefit of income generation. As a regional hub, Swift Current provides the infrastructure, amenities, and economic stability that support long-term rental investment. Secure a quality asset in a proven market â donât miss out on this opportunity! (id:27476)
