729 Carbon AVE

bienfait

$399,000.00

MULTI-UNIT RENTAL PROPERTY IN BIENFAIT, SK ----- Available for sale is a multi-unit rental property located in the town of Bienfait on Carbon Ave. This property consists of a stand alone building on a 0.68 acre lot. The building faces South East with a large greenspace and driveway in the front and a large, gravelled parking lot in the back. This property is in a prime location for Bienfait as it is across the street from the school, is only a few blocks away from Main street, and is close to HWY 18 which is the major roadway in and out of town. The lot is irregular in shape but mostly rectangular (approx 168ft of Frontage onto Carbon Ave with 185ft typical depth). It has established landscaping, a large driveway with access from 2 sides, and a large parking lot that can park at least 20 vehicles, with some stalls having access to electrical. The building was originally constructed in 1948 as a hospital and appears to be of excellent construction quality for the age of construction. It is a 1-storey building with a full basement, totalling approx. 10,896 sqft (as per SAMA records), with low maintenance brick exterior. It has been successfully operated as a multi-unit residential property since at least 2001. Inside the property has been developed into 19 rental units, 2 shared laundry facilities, 5 shared bathroom facilities, and 2 shared kitchen / lounge facilities. The rental units consist of 1 self contained 2-bedroom apartment with wheelchair access and private deck space, 1 self contained 1-bedroom apartment, and 17 private furnished single room rental units. There are also many storage rooms, and a large utility area. Overall, this property has a lot going for it, produces reliable income, and has the opportunity for further development (2 additional self contained 1-bedroom unit can be created by combining some rooms). This could be just the opportunity your business or real estate portfolio needs to increase profitability. (id:41462)

Listing Description

MLS® Number SK852136
Property Type Multi-family
Community Features Pets not Allowed
Features Treed, Corner Site, Handicapped provisions
Bathrooms 0
Bedrooms 0
Built 1948
Fireplace No
Land Size 0.68 ac
Size Irregular 0.68

Listing information: https://www.realtor.ca/real-estate/23144609/729-carbon-ave-bienfait

Data Provider: Saskatoon Region Association of REALTORS« Inc.

Listing Office: Century 21 Dome Realty Inc.

DDF® ID: 23144609

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