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3 & 4 825 Gladstone STREET E

South East SC, Swift Current, SK, S9H5P1

Listed by RE/MAX of Swift Current

$3,320,000

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  • 35 parking

Listed 207 days ago · MLS® SK031534

About this home

16 UNITS, FULLY OCCUPIED WITH LEASES SET IN PLACE TO PRODUCE OVER $300,000 IN INCOME FOR 2025. **A CMHC mortgage is in place that is fully transferable to a buyer, meaning all of the due diligence has been completed, mortgage approved and the buyer simply needs to qualify to assume the mortgage** Searching for a TURN KEY revenue property with a reliable income and FULL occupancy? Look no further, this new construction multifamily property is just what you need. Built by a trusted local builder, these two buildings house 16 luxurious suites with fabulous views of the creek, park and countryside. Just steps from the walking / biking path, golf course, park, tennis courts and track, the units offer superb rentability with a combination of location, layout and stylish finishings placed on a generous 1.34 acre lot. Each unit features an open concept layout, updated stainless steel appliances, granite countertops, in suite laundry, 2 bedrooms and an office, 2 full bathrooms including a master bedroom ensuite as well as a private balcony. The exterior is finished with vinyl low maintenance siding, and the crawl space is concrete/ICF block construction for ultimate energy efficiency. The buildings are heated by an efficient boiler system offering soothing radiant heat and are still covered by up to 7 years of New Home Warranty plans. This attractive investment offers an over 7% Cap Rate along with no interior common space to maintain. Contact your Real Estate agent today for more information or to book your personal viewing. (id:66966)

Details

Type
Multiplex
Style
Low rise
Property tax
$34,823 (2025)
Neighbourhood
South East SC
Municipality
Swift Current

Interior

Fireplace
No
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings

Heating, cooling and services

Heating
Natural gas, Hot Water

Building and exterior

Style
Low rise
Year built
2018

Parking

Total parking
35

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX of Swift Current.

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