Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Structure
- Low rise
- Ownership
- Freehold
- Stories
- 1
- Year Built
- 1988





Property Snapshot
MLS #SK030793
Type, style and structure
Land, frontage and setting
This multi-family in Killaly offers a 21,000 sqft lot. Built in 1988, 1 storey. The property has lot dimensions of 21000.00. The home features electric, natural gas, hot water heating.
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:60351)
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.
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Price, taxes and monthly charges
Listed by Dilipkumar (DN Patel, RE/MAX Blue Chip Realty
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Listed by Dilipkumar (DN Patel, RE/MAX Blue Chip Realty · MLS# SK030793
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