1016 Temperance STREET, Saskatoon, Saskatchewan, S7N 0N6 Saskatoon SK CA

For Sale : CAD 380000

MLS #: SK934962

Details

Bed Rooms
4
Bath Rooms
2
Neighborhood
Varsity View
Basement
Walls: Indeterminable
Property Type
Residential

Description

Investors, take note! This multi-tenant gem located in the highly sought-after Varsity View neighbourhood offers the perfect opportunity to earn a robust income stream. Just a few blocks from the University of Saskatchewan, this property is an attractive hub for students and professionals alike. This charming residence currently generates a solid $2,500 monthly rental income. All tenants are on month-to-month leases, providing you with immediate income and the flexibility to adjust rental terms as needed. Notably, all existing tenants have expressed interest in remaining, making this a seamless, turn-key investment. This property has been upgraded to ensure an optimal return on investment. Recent improvements include a professionally re-graded yard, fresh backyard gravel, brand new window wells, and a durable new fence. These enhancements increase the property's aesthetic appeal and help reduce maintenance costs in the long term. But it continues beyond there - this property has the potential for additional revenue streams. The large backyard could be leveraged to charge extra for parking, a highly sought-after amenity in this bustling area. Even more promising is the possibility of transforming the spacious basement into a two-bedroom Airbnb. This would cater to the consistent demand from students, university staff, and visiting parents, providing a year-round supplementary income. Take advantage of this golden investment opportunity that marries reliable cash flow with immense growth potential, all in a prime location near one of Saskatchewan's most prestigious universities. This is more than just a property; it's your gateway to a promising and profitable future in real estate investment. Find out more about this property. Request details here

Location

Address
1016 Temperance Street, Saskatoon, Saskatchewan S7N 0N6, Canada
City
Saskatoon

Map

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