
$739,411 USD
CA$1,050,000 CAD
Multi Family Home for Sale, 2440 ABBOTT ROAD, Regina, Saskatchewan S4N 2K3, Canada
- MLS#SK040888
Listed By CENTURY 21 Dome Realty Inc.
The Multi Family Home for Sale located at 2440 ABBOTT ROAD, Regina, Saskatchewan S4N 2K3, Canada is currently for sale. 2440 ABBOTT ROAD, Regina, Saskatchewan S4N 2K3, Canada is listed for $739,411.
Property features
Property
- Location: Neighborhood
Lot/Land
- Land/Lot size:
809 m² (0.2 ac)
Construction
- Year built: 1961
- Exterior: Stucco
Description
Excellent investment opportunity to acquire a well-maintained 9-unit apartment building in the desirable Arnhem Place neighbourhood of Southeast Regina. Ideally situated within walking distance of Douglas Park and Wascana Park, this property offers tenants convenient access to green space, recreation, public transit, shopping, and other nearby amenities.
Over the past several years, the building has undergone numerous capital improvements, providing peace of mind for investors and reducing future maintenance costs.
Recent Updates Include:
*Sheet metal roof (approximately 7 years old)
*New eavestroughs
*22 new windows
*New PEX water and heating lines throughout the basement
*New sewer line from City of Regina shutoff and fully under the building.
*New flooring in common hallways and stairwells
*New underground yard sprinkler system
The property features a 75-gallon rented hot water heater through Heath and an on-demand hot water boiler currently rented through Mackenzie. The boiler rental will be paid out by the seller upon completion, providing added value to the purchaser.
The seller has also used 2 suites as Airbnb units, with approximate income in 2025 of $140,000.00.
This is an excellent opportunity for investors seeking a solid multi-family asset in a strong rental location with significant recent capital upgrades.
Location
2440 ABBOTT ROAD, Regina, Saskatchewan S4N 2K3, Canada