410 & 412 4th Avenue Rosthern, Saskatchewan S0K 3R0
$599,900
Rosview Residences in Rosthern. This property represents a fantastic long-term investment opportunity with enormous flexibility and potential. The flexibility offered would be attractive to an owner/user or an investor to capitalize on the long-term growth of this great town. The building is on two separately titled lots and straddles the property line. Each half of the property has a separate title. In addition, an approved condo conversion is available offering the ability to treat the building as one unit, two units, or four units. The Town of Rosthern has given the green light for additional buildings such as garages or rental units to be added to the property (subject to final approval). In 2013, the home was moved from Saskatoon and placed on a new ICF foundation. What followed was a complete renovation of the building and new construction for the two lower units. The two upper units are a spacious 1560 sq ft, two-storey design. The second-floor features three bedrooms and two bathrooms including a large three-piece bathroom off the primary bedroom. The main floor offers a large living room and dining room area along with the kitchen and a convenient two-piece bathroom. Lower-level units are 695 sq ft with two bedrooms, kitchen, and a full bath. Each unit has two parking stalls with plug-ins at the front of the building and in-suite laundry. Rent increases have been given to take effect in 2024 bringing the revenue to $60,000/year and offering a 7% cap rate. Rosthern is a growing community serving as a main hub for the area and a convenient stopover halfway between Saskatoon and Prince Albert/lake country. It features a large, recently renovated school across the street from this building, a 24-hour hospital, and a number of seniors homes. The future outlook for the town is strong as evidenced by new development including a significant investment by Federated Coop into fuel and retail facilities, and a new Tim Hortons that has just been opened. Call today! (id:51699)
Property Details
| MLS® Number | SK987384 |
| Property Type | Single Family |
| Features | Treed, Lane, Rectangular, Sump Pump |
Building
| Bathroom Total | 8 |
| Bedrooms Total | 10 |
| Appliances | Washer, Refrigerator, Dishwasher, Dryer, Microwave, Storage Shed, Stove |
| Architectural Style | 2 Level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1952 |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Hot Water |
| Stories Total | 2 |
| Size Interior | 3360 Sqft |
| Type | Fourplex |
Parking
| None | |
| Gravel | |
| Parking Space(s) | 8 |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Landscape Features | Lawn |
| Size Frontage | 95 Ft |
| Size Irregular | 0.44 |
| Size Total | 0.44 Ac |
| Size Total Text | 0.44 Ac |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | 6'11 x 4'10 | ||
| Second Level | Laundry Room | 2'6 x 2'10 | ||
| Second Level | Bedroom | 13'11 x 10'4 | ||
| Second Level | Bedroom | 10 ft | Measurements not available x 10 ft | |
| Second Level | Primary Bedroom | 17'2 x 11'2 | ||
| Second Level | 3pc Ensuite Bath | 6'11 x 6'3 | ||
| Second Level | Bedroom | 13'11 x 10'4 | ||
| Second Level | Bedroom | 10 ft | Measurements not available x 10 ft | |
| Second Level | Bedroom | 17'2 x 11'2 | ||
| Second Level | 4pc Bathroom | 6'11 x 4'10 | ||
| Second Level | 3pc Bathroom | 6'11 x 6'3 | ||
| Basement | Living Room | 14'9 x 10'8 | ||
| Basement | Dining Room | 8'9 x 7'9 | ||
| Basement | Kitchen | 11'3 x 7'8 | ||
| Basement | 4pc Bathroom | 8'7 x 4'10 | ||
| Basement | Bedroom | 9'8 x 9'2 | ||
| Basement | Bedroom | 12'10 x 10'6 | ||
| Basement | Bedroom | 9'8 x 9'2 | ||
| Basement | Bedroom | 12'10 x 10'6 | ||
| Basement | 4pc Bathroom | 8'7 x 4'10 | ||
| Basement | Kitchen | 11'3 x 7'8 | ||
| Main Level | Foyer | 7'11 x 3'4 | ||
| Main Level | Living Room | 21 ft | 21 ft x Measurements not available | |
| Main Level | Dining Room | 11 ft | Measurements not available x 11 ft | |
| Main Level | Kitchen | 11'1 x 9'10 | ||
| Main Level | 2pc Bathroom | 6'6 x 3'1 | ||
| Main Level | Living Room | 21 ft | 21 ft x Measurements not available | |
| Main Level | Dining Room | 11 ft | Measurements not available x 11 ft | |
| Main Level | Kitchen | 11'1 x 9'10 | ||
| Main Level | 2pc Bathroom | 6'6 x 3'1 |
https://www.realtor.ca/real-estate/27612465/410-412-4th-avenue-rosthern
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November 04 2024 02:40:47
Saskatoon Region Association of REALTORS® Inc.
Royal LePage Saskatoon Real Estate