15 4th Avenue, Maple Creek, Saskatchewan

$1,200,000

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About 15 4th Avenue

Discover an exceptional investment opportunity with this well-maintained 12-unit apartment building, ideally suited for both seasoned and first-time multifamily investors. The property offers a strong unit mix of four (4) spacious 1-bedroom units and eight (8) comfortable 2-bedroom units, maximizing occupancy potential and wide market appeal. Key Features 12 Total Units 4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns. Strong Rental Demand The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy. Value-Add Potential Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI. Investment Highlights This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio. New Metal roof in 2026. (id:36535)

Features of 15 4th Avenue

Listing # SK024431
Price $1,200,000
Bathrooms 0.00
Acres 0.00
Year Built 1968
Type Multi-family
Sub-Type Freehold
Style Low rise

Community Information

Address 15 4th Avenue
City Maple Creek
Province Saskatchewan
Postal Code S0N1N0

Amenities

Amenities Shopping Area
Features Treed
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove
Heating Hot Water
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Features Lawn
Lot Description 100x140

Listing Details

OfficeCourtesy Of RE/MAX Saskatoon

Listing Map