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280 Burns AVENUE, Southey, Saskatchewan, S0G 4P0

MLS® # SK027380
new listing
Investment For Sale In Southey, Saskatchewan
$379,900
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Other
280 Burns Avenue, Southey, SK - Other
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor With Exterior
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Other
280 Burns Avenue, Southey, SK - Other
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor
280 Burns Avenue, Southey, SK - Outdoor With Exterior
Home Insurance - TD Insurance
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280 Burns AVENUE, Southey, Saskatchewan, S0G 4P0
$379,900

Property Information:

Check out this fully rented 5-plex business opportunity in the commuters town of Southey, SK located ½ hour north of Regina with a growing population of approximately 850 people and a rural municipality of another 1500 people. The town features an excellent K – 12 school, a vibrant business sector and has fabulous recreational facilities. There are not many rental opportunities like this in Southey. The building features: two spacious 2-bedroom suites, two 1-bedroom suites and one bachelor suite. The two suites on the main floor have been fully renovated in past 5 years and the 3 suites on the lower level are all original. There is also an additional suite currently under construction and two offices that could potentially be converted to another apartment (potential of 7).The property offers off-street parking, shared laundry facilities, updated vinyl siding, PVC windows and a newer metal roof—reducing your maintenance headaches. Take advantage of Southey's strong rental demand and let your investment work for you. With stable tenancy, income from day, an opportunity to add 2 more generating suites (Total of 7), in a sought-after location this is a property worth adding to your portfolio. (id:27)

Building Features:

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

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1959
  • Community Features: Pets Allowed With Restrictions
  • Irregular: Yes
  • Landscape Features: Lawn, Fully landscaped
  • Lot Frontage: 100 Feet
  • Lot Size: 12400.00 Square Feet
  • No. of Parking Spaces: 12

REALTOR.ca  

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Market Price Trends

Single family detached

12.5%

Price change (1 year)

21.21%

Price change (5 years)

All Properties

12.5%

Price change (1 year)

21.21%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 280 Burns AVENUE, Southey, Saskatchewan, S0G 4P0

Demographic Information of 280 Burns AVENUE, Southey, Saskatchewan, S0G 4P0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,000.69

Average Number of Children

2.00

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.55 %

High school certificate or equivalent

38.94 %

Apprenticeship trade certificate/diploma

13.74 %

College/non-university certificate

17.55 %

University Degree

12.21 %

Commuter

Travel To Work

By Car

89.87 %

By Public Transit

0.0 %

By Walking

3.8 %

By Bicycle

0.0 %

By Other Methods

6.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.81 %

Houses

92.19 %

Own Vs. Rent

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