Listed price in listed location currency (CAD).
$349,000

006

MLS® SK030793

  • Property Details
  • Map

Description

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.

Key Facts

Type Apartment/Condominium
Levels Residential Income
Size -
Taxes $4,387
Days Active 187
Approx. Age 1988
MLS® Number SK030793
Approx. Age1988
Stories1

Utilities

HeatElectric, Hot Water, Natural Gas

Additional Information

Siding Brick, Stucco, Wood Siding
Equipment Dryer, Emerg. Lighting, Fridge, Stove, Washer

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$349,000List Price
  • Commute

Commute

Starting Address
Destination Address
10 Pearl Ave, Killaly, SK

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