10 Pearl AVENUE, Killaly, SK S0A 1X0
10 Pearl AVENUE, Killaly, SK S0A 1X0
10 Pearl AVENUE, Killaly, SK S0A 1X0
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Listed by Dilipkumar (DN) Patel • RE/MAX Blue Chip Realty
$349,000
Est. payment /mo
0.48 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Residential Only

Listing Status Active

Purchase Type For Sale

MLS Listing ID SK030793

Year Built 1988

Lot Size 0.482 Acres

Acres 0.48209366

Property Sub-Type Residential Only

Source Saskatchewan

Property 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.

Location

Province SK

Interior

Heating Electric, Hot Water, Natural Gas

Flooring Wood

Appliance Air Conditioning, Dryer, Emerg. Lighting, Fridge, Stove, Washer

Exterior

Exterior Feature Brick, Stucco, Wood

Garage Spaces 6.0

Amenities Available Other (See REALTOR Remarks)

Total Parking Spaces 6

Building

Story 1.00

Others

Ownership Freehold

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10 Pearl AVENUE

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