2440 ABBOTT ROAD, Regina, Saskatchewan, S4N 2K3

MLS® # SK040888

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Investment For Sale In Al Ritchie, Regina, Saskatchewan

$1,050,000

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2440 ABBOTT ROAD, Regina, Saskatchewan, S4N 2K3

$1,050,000

Property Information:

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 ? 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. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Amenities: Shared Laundry
Architectural Style:
Heating Type:
Appliances: Washer, Refrigerator, Dryer, Stove

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1961
Community Features: Pets Allowed With Restrictions
Features: Treed
Irregular: Yes
Landscape Features: Lawn
Lot Size: 8868.00 Square Feet
No. of Parking Spaces: 7

Courtesy of: Century 21 Dome Realty Inc.

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Market Price Trends

Location of 2440 ABBOTT ROAD, Regina, Saskatchewan, S4N 2K3

Lifestyle
Neighbourhood

Demographic Information of 2440 ABBOTT ROAD, Regina, Saskatchewan, S4N 2K3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$96,002.01

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.22 %

High school certificate or equivalent

36.99 %

Apprenticeship trade certificate/diploma

9.91 %

College/non-university certificate

13.89 %

University certificate (below bachelor)

0.97 %

University Degree

21.02 %

Commuter

Travel To Work

By Car

88.33 %

By Public Transit

4.3 %

By Walking

1.72 %

By Bicycle

0.09 %

By Other Methods

5.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.76 %

Houses

79.24 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 2440 ABBOTT ROAD, Regina, Saskatchewan, S4N 2K3

Demographic Information of 2440 ABBOTT ROAD, Regina, Saskatchewan, S4N 2K3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

2440 ABBOTT ROAD, Regina, Saskatchewan, S4N 2K3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing