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$290,000
Est. payment /mo
4 Beds
3 Baths
1,000 SqFt
Active
206 Burns AVE W Melfort, SK S0E 1A0
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $290
MLS Listing ID SK036444
Style Bungalow
Bedrooms 4
HOA Y/N No
Year Built 1968
Annual Tax Amount $2,595
Tax Year 2025
Lot Size 6,355 Sqft
Acres 0.1459
Lot Dimensions 50.85x125.00'
Property Sub-Type Detached
Property Description
Excellent passive income opportunity with this solid three-unit multifamily property offering zero vacancy. Current gross income is $27,600, with potential to increase to $31,000+ per year. The landlord currently pays all utilities (Power $2,905; Energy $1,900; Property Tax $2,595; Water/Sewer $3,100, although this is atypically high due to a leak). This well-built and well-maintained property was built in 1968 and features a full concrete basement. The unit mix includes one 2-bedroom suite on the main floor, plus one 1-bedroom suite and one bachelor suite in the basement. Recent upgrades include: Shingles (2024); Eavestroughs (2024); PVC windows throughout (2016); Two energy-efficient furnaces (2015); Hot water heater (2015); Washer and dryer (2015); Part Flooring (2015).
The property also offers a lawn front and back, maintenance free backyard fence and garden shed, adding further tenant appeal.
The property also offers a lawn front and back, maintenance free backyard fence and garden shed, adding further tenant appeal.
Location
Province SK
Area Melfort
Rooms
Basement Full, Finished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Appliance Gas Water Heater, Dryer, Refrigerator, Stove, Washer
Exterior
Parking Features Concrete, Driveway, No Garage, Parking Pad
Roof Type Asphalt,Shingle
Total Parking Spaces 3
Building
Lot Description Back Yard, Front Yard, Trees
Dwelling Type House
Story 1
Foundation Concrete Perimeter
Others
Pets Allowed No
Ownership Freehold
Listed byHammond Realty
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