3305 Victoria Avenue Regina, Saskatchewan S4T 1L7

$725,000

MULTI-UNIT ROW HOUSE PROPERTY IN CATHEDRAL ---- If you are the type of person that often says “They don’t make them like they used to”, then you need to pay attention to this 6-unit row house property available for sale in Regina’s Cathedral neighbourhood. This property consists of a stand alone building on a 0.22 acre corner lot located on the corner of Victoria Ave and Athol St. This property is in a prime location for Regina as it is within walking distance to a school, grocery, shopping, the stadium and surrounding recreational grounds, the Downtown, and good access to public transit. It has established landscaping, with lane access and to a graveled parking lot in the back that has 6 stalls for tenant parking. The building was originally constructed in 1919 for a notable early Regina businessman, who was known to be the general contractor on the Empire Hotel project. It consists of 6 “townhouse” style rental units, each with their own separate entrances, 2 stories (kitchen + living on main, and bedrooms + bath on upper), and basement space for storage. All rental units have 3 beds, 1 bath, in-suite laundry, and separate utilities. Overall, this property has a lot going for it, produces reliable income, has been maintained conscientiously and proactively by the current owner, and has the option to apply for grant money and tax exemptions through its Heritage status. This could be just the opportunity your portfolio needs to achieve your mission and goals. (id:61635)

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