An incredible opportunity to purchase premier apartment suites in Melfort! This property at 114 Broadway South is part of a bundled investment package, together with the 4-plex at 118 Cairns Avenue East, for a combined total price of $2,375,000. The 12-unit building at 114 Broadway South is priced individually at $1,781,250, offering a strong return on investment with spacious, well-appointed units and low-maintenance design. Constructed with tenant comfort in mind, each of the 12 large apartment suites spans 836 SF and includes all the essential appliances: fridge, stove, washer, dryer, and microwave. This move-in-ready offering ensures convenience and ease for residents. Outside, each unit has its own electrified parking stall and a designated storage unit, adding to the overall value and practicality for tenants. One of the major benefits of this property is its no-common-area design, which eliminates the need for costly maintenance of shared spaces. The property is further enhanced by the presence of an onsite property manager, providing added peace of mind for investors and tenants alike. Ideally located, this property is within close proximity to parks, tennis and pickleball courts, schools, and essential amenities, making it attractive to families, professionals, and retirees. The blend of spacious units, outdoor facilities, and convenient access to recreation and daily needs makes this an attractive option for long-term renters. With its excellent location, fully equipped suites, and professional management, 114 Broadway South represents a premier opportunity for investors looking for solid returns in a growing community. (28535654)
Property Type
Multi-family
Building Type
Multi-Family
Annual Property Taxes
$14,425 (CAD)
Time on REALTOR.ca
32 days
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