327 S AVENUE S, Saskatoon, Saskatchewan

$474,900

8 bed · 4 bath · 1,960 sq ft

MLS® SK039088

Fantastic investment opportunity! This fully tenanted 4-unit building is a true turn-key revenue property, ready to cashflow from day one. With recent upgrades, steady rental income, and professional management already in place, this property is an excellent choice for both seasoned investors and those looking to step into the rental market with confidence. The building has seen several important updates in recent years, including a newer boiler system for efficient heating and updated flooring in select units. Each of the four suites is thoughtfully designed with a generous living area, functional kitchen, two well-sized bedrooms, and one full bathroom. Added convenience is provided with in-suite washers and dryers for each unit, a feature tenants truly appreciate and that helps maximize rental appeal. The property currently generates $5,225 per month in gross rental income, with tenants responsible for their own power utilities keeping operating expenses lower and cashflow stronger. Location is another strong advantage. Situated close to shopping, St. Paul’s Hospital, schools, and multiple bus routes, tenants enjoy easy access to everything they need. The demand for rental housing in this area remains strong, adding to the long-term security and appeal of the investment. With a solid tenant base, reliable income, and important upgrades already completed, this outstanding revenue property is well-positioned to deliver consistent returns for years to come. Properties like this don’t come along often, schedule your viewing today and secure this opportunity before it is gone! (id:56426)

Aaron Wright

Listed by RE/MAX Saskatoon

What could the payment be?

—

See down payment and full closing-cost estimate →

Illustrative estimate using the rate you enter, not a lender quote or approval. Mortgage payment only: property taxes, condo fees, insurance and closing costs are additional. Canadian semi-annual compounding; any mortgage-insurance premium is financed.

Property location

Large green pin: this home · Small dots: nearby listings. Select a pin to view a home.

Estimate buying costs for this home

Want to see it?

Ask about this property

Send a question, request a private showing, or ask for a price opinion.

Idriss Movahedzadeh, REALTOR® with Century 21 Fusion
REALTOR® · CENTURY 21 Fusion

Idriss Movahedzadeh

(306) 270-0725
Keep looking

More homes near this price

More homes load as you reach this section.

Powered by REALTOR.ca — view this listing on REALTOR.ca

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Created on Moseik