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$1,200,000

Moose Jaw SK, S6H 6H5

MLS® # SK021486

Property Information:

INVESTMENT OPPORTUNITY – 12-SUITE APARTMENT IN MOOSE JAW! Seize this rare opportunity to own a well-maintained 12-suite apartment in the desirable South Hill area of Moose Jaw, just minutes from the military base and other major employers. With 11 updated two-bedroom suites and one bachelor suite, this property is a solid revenue generator with room for increased income. Built in 1977, the building has undergone key upgrades, including new boilers (2020), heat exchangers (2022), and replaced decks. Approximately half of the windows have been upgraded, and new carpet was installed in the common areas. Boiler-tied water heating system (120-gallon) plus an additional 60-gallon electric heater ensures reliable hot water. Other features: -14 electrified parking stalls (one per suite + two extra rentable spots at $50/month) -Coin laundry for extra revenue -Current monthly revenue of $10,200, with strong potential for increases With the Moose Jaw Base expanding (adding 2,000+ jobs) and the local pork plant seeking more workers, rental demand is set to rise. This is a prime opportunity to invest in a growing community with high rental demand. Don’t miss out—contact us today for more details! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Amenities: Shared Laundry
  • Architectural Style:
  • Heating Type:
  • Heating Fuel: Natural gas
  • Appliances: Washer, Refrigerator, Dryer, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Built in: 1977
  • Community Features: Pets not Allowed
  • Features: Balcony
  • Landscape Features: Lawn
  • Lot Frontage: 67.7 Feet
  • Lot Size: 14285.00 Square Feet
  • No. of Parking Spaces: 12

Courtesy of: Coldwell Banker Local Realty

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1245 12TH AVENUE SW, Moose Jaw, Saskatchewan, S6H 6H5

Demographic Information of 1245 12TH AVENUE SW, Moose Jaw, Saskatchewan, S6H 6H5

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$100,025.73

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.83 %

High school certificate or equivalent

40.23 %

Apprenticeship trade certificate/diploma

8.64 %

College/non-university certificate

23.75 %

University certificate (below bachelor)

0.36 %

University Degree

11.18 %

Commuter

Travel To Work

By Car

95.32 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

4.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.59 %

Houses

89.41 %

Own Vs. Rent