526 4th Avenue N

Exciting investment opportunity in the heart of City Park! This property, boasting rare RM5 zoning, offers a unique chance for both short and long-term gains, with the potential for multi-family high rise development. This 4-unit property must be acquired alongside the adjacent 4-unit property (MLS#955933). Conveniently situated near the University of Saskatchewan, 2 hospitals, the South Saskatchewan River, Meewasin Trails, and downtown, it's a prime location. The property features one 2-bedroom unit and three 1-bedroom units, along with a common laundry room and 4 parking stalls. Impeccably maintained, Currently generating $3,430 monthly with virtually no vacancies. Don't miss the opportunity to also purchase the 3 adjacent single-family homes (MLS#’s SK949532, SK949531, SK949532), creating a portfolio of 5 revenue-producing properties on a generous 17,290 sq.ft. of land (133’ x 130’). Contact your Realtor® or visit the Listing Agent’s website for more details. Invest wisely, seize the potential! (id:54626)