89 Horkoff AVENUE, Wadena, SK S0A 4J0
89 Horkoff AVENUE, Wadena, SK S0A 4J0
89 Horkoff AVENUE, Wadena, SK S0A 4J0
Listed by Linda Yu • Aspaire Realty Inc.
Bought with Linda Yu
-
Est. payment /mo
Est.Price: ?

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5 Beds
4 Baths
1,560 SqFt

Key Details

Property Type Single Family Home

Sub Type Attached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,560 sqft

MLS Listing ID SK027322

Sold Date -

Style Bi-Level

Bedrooms 5

Year Built 1970

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Attached

Source Saskatchewan

Property Description

Well-positioned four-plex offering strong income potential and long-term investment stability in the community of Wadena. This 1,560 sq. ft. property features a total of 5 bedrooms and 4 bathrooms across four self-contained units, making it well suited for investors seeking diversified rental income within a single asset.

Current tenancy includes three occupied units with one vacant suite, providing immediate upside through lease-up. Existing rents total $2,700/month, with market rents supporting approximately $4,100/month when fully stabilized (utilities included), offering a clear path to improved cash flow.

Capital improvements include an updated furnace and new plumbing, helping reduce near-term maintenance risk and support long-term asset durability. The unit mix and utility-included rent structure align well with local tenant demand, contributing to consistent occupancy potential.

The seller prefers to sell this property as part of a portfolio package alongside 245 3rd Street and 633/635 3rd Street, presenting a rare opportunity to acquire multiple income-producing properties in one transaction.

Ideal for investors seeking scale, value-add potential, and long-term rental performance in a growing regional market.

Location

Province SK

Rooms

Basement Full Basement, Fully Finished

Kitchen 4

Interior

Hot Water Gas

Heating Forced Air

Appliance Dryer, Fridge, Stove, Washer

Exterior

Exterior Feature Vinyl

Garage Spaces 4.0

Roof Type Asphalt Shingles

Total Parking Spaces 4

Building

Lot Description Backs on to Park/Green Space, Corner, Irregular

Building Description Wood Frame, Fourplex (all 4 units)

Structure Type Wood Frame

Others

Ownership Freehold

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