MLS®# SK000343

1245 12TH AVENUE

$1,200,000.00 CAD
Moose Jaw
MLS®# SK000343


Location


Key Details

$1,200,000.00
Residential Only
1977
Moose Jaw

Description

INVESTMENT OPPORTUNITY – 12-SUITE APARTMENT IN MOOSE JAW! Seize this rare opportunity to own a well-maintained 12-suite apartment in the desirable South Hill area of Moose Jaw, just minutes from the military base and other major employers. With 11 updated two-bedroom suites and one bachelor suite, this property is a solid revenue generator with room for increased income. Built in 1977, the building has undergone key upgrades, including new boilers (2020), heat exchangers (2022), and replaced decks. Approximately half of the windows have been upgraded, and new carpet was installed in the common areas. Boiler-tied water heating system (120-gallon) plus an additional 60-gallon electric heater ensures reliable hot water. Other features: -14 electrified parking stalls (one per suite + two extra rentable spots at $50/month) -Coin laundry for extra revenue -Current monthly revenue of $10,200, with strong potential for increases With the Moose Jaw Base expanding (adding 2,000+ jobs) and the local pork plant seeking more workers, rental demand is set to rise. This is a prime opportunity to invest in a growing community with high rental demand. Don't miss out—contact us today for more details!

Listing courtesy of Coldwell Banker Local Realty


More Info

City: Moose Jaw
Year Built: 1977
Type: Low-rise (3 Floors And Under)
Outdoor: Balcony
Amenities: Other (see Realtor Remarks)
Elevators: 0
Exterior: Stucco

Heating: Hot Water, Natural Gas
Appliances: Fridge,stove,washer,dryer
Land Size: 14285.00
Smoke Detectors: Yes
Total Acres: 0.3279
Listed By: Coldwell Banker Local Realty