440-442 Connaught Street, Regina, Saskatchewan

About 440-442 Connaught Street

INVESTOR OPPORTUNITY IN REGENT PARK! An excellent opportunity to add a versatile income-producing property to your portfolio! This side-by-side duplex is being sold in its entirety (both sides included) and features a total of four potential rental units, with a main-floor suite and a non-regulation basement suite on each side. Offering great curb appeal and a largely low-maintenance exterior, this property is well suited for investors looking for multiple revenue streams under one roof. The bright and inviting main-floor suites feature updated finishes including newer vinyl plank flooring, pot lighting, quartz countertops, tile backsplashes and crisp white cabinetry. Each main level offers two bedrooms and an updated bathroom. The income potential here is impressive! The furnished main-floor suite at #440 is currently generating $1,700/month, while its basement suite has previously rented for approximately $1,100–$1,150/month. Next door, the furnished main-floor suite at #442 currently generates $1,600/month, with the basement suite previously renting for approximately $950–$1,000/month. The owner currently covers utilities and monthly internet service. With all four suites rented, this property offers a combined gross rental income potential of approximately $5,350–$5,450 per month — an exciting opportunity for an investor looking to add a multi-revenue property to their portfolio. Numerous recent upgrades add even more value, including air conditioning, furnaces, water heaters and more. Convenient off-street parking is also available in the backyard for tenants. With both sides of the duplex, four potential rental units and several major upgrades already completed, this Regent Park property offers an exciting opportunity for an investor looking to maximize rental potential. Book your private showing and explore the possibilities! (id:36535)

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