Apartment For Sale in Washington Park
12 Suite Apartment Building
• 530 sq. ft., 1 bath, 1 bdrm apartment
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MLS®
#231292
$369,900
- Investment Opportunity
Washington Park, Regina
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Excellent investment opportunity in Regina. 12 suite apartment building has been recently upgraded and has strong tenancy. Well maintained by owner. 11 one bedroom apartments rent for $450/month (as of November 1st, 2006). 1-bachelor suite rents for $400/month. Tenants pay own power. Owner responsible for energy, water/sewer and common area power. Centrally located next to public transit, restaurants and shopping. Net Operating Income approx. $42,000/year. Complete income/expense, surveyor's certificate available to qualified buyers only and through bona-fide offer to purchase. CMHC reports Regina vacancy rate 3.2% for 2005. Intercom system. Paved electrified parking stalls are fenced for added security. For more information, contact Craig Adam at (306) 791-7666.
Property information