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405 Main Street Spy Hill, Saskatchewan S0A 3W0

Low Rise Air Conditioned Hot Water Acreage Lawn

$340,000

Don't miss the chance to add this exceptional property to your investment portfolio. Located at 405 Main Street, Spy Hill, SK, this building has served as an unassisted seniors living facility since its construction in 1977. It features 19 one-bedroom units, each equipped with ample storage space, a 4-piece bath, and an open-concept living room and kitchen area. Residents access their units via a shared hallway system, secured by an interphone entry system. The facility offers numerous communal amenities, including a kitchen, a large living room, a yard, and additional bathrooms for hosting larger events or socializing with fellow residents. There's also an assisted bathing facility connected to a shared laundry room, free for all residents. This space was originally the 20th unit and can be converted back if desired. The building is heated by a well-maintained radiant boiler system with interconnected domestic hot water, featuring recent updates such as updated boilers (within last decade), recirculating pumps and water heaters (within last month). The fire alarm system is robust, and a central exhaust system ensures continuous fresh air circulation. Other notable updates include updated shingles, some new appliances, some sump pumps, some flooring, and updated windows on the east side. This property is ideal for continuing to serve the senior community in the area or could be repurposed for long-term housing for contracting crews. With its low cost per unit, this is an investment opportunity you won't want to miss. (id:51699)

Property Details

MLS® Number SK971217
Property Type Multi-family
Features Wheelchair Access

Building

Amenities Recreation Centre, Shared Laundry
Appliances Washer, Refrigerator, Dryer, Window Coverings, Stove
Architectural Style Low Rise
Constructed Date 1977
Cooling Type Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water
Stories Total 1
Type Multi-family

Land

Acreage Yes
Landscape Features Lawn
Size Frontage 300 Ft
Size Irregular 1.03
Size Total 1.03 Ac
Size Total Text 1.03 Ac

https://www.realtor.ca/real-estate/26989209/405-main-street-spy-hill

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