An outstanding opportunity awaits with this premier 4-plex, part of a larger investment package offering 16 total apartment suites in Melfort for $2.375M. The 4-plex, listed individually at $593,750, offers an exceptional investment with larger-than-average units and modern features that appeal to both tenants and investors alike. Constructed in 2012, this well-maintained building spans 3,668 SF and sits on a 0.17-acre lot, perfectly situated in a quiet residential neighborhood. Zoned R2, the property is ideal for multi-family residential use. Each of the four spacious suites is a generous 836 SF, providing more living space compared to standard apartment units in the area. Each suite has its own private exterior entrance, ensuring no shared common areas, which significantly reduces maintenance costs and creates a more private, home-like environment for tenants. The suites come fully equipped with a complete set of appliances, including a fridge, stove, washer, dryer, and microwave, offering convenience and comfort for residents. Additionally, the property includes four designated electric parking stalls, providing ample parking for all tenants. Located close to local amenities such as parks, hospital, shopping, this property is highly desirable for families, professionals, and retirees. The combination of a peaceful setting and easy access to recreational facilities makes it a prime location in the growing community of Melfort. Possession is negotiable, offering flexibility for potential buyers. Whether you're looking to expand your portfolio or secure a long-term investment, this property at 118 Cairns Avenue East represents an excellent opportunity for strong returns and tenant satisfaction. (28535652)
Property Type
Single Family
Annual Property Taxes
$5,236 (CAD)
Parking Type
Parking Space(s) (4)
Time on REALTOR.ca
35 days
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