This property is being offered as Freehold ownership, and it boasts an excellent location in Downtown Regina. The building consists of 11 units, with 10 one-bedroom and 1 two-bedroom units. Additionally, there are 6 parking stalls available, which can be rented out separately to generate extra income. Each unit is spacious and well-designed, making it an ideal setup for a combination of long and short-term rentals. The current price reflects the necessary renovations that need to be carried out, and the property is currently unoccupied.
Furthermore, the City of Regina offers Tax and/or Revitalization programs, allowing the purchaser to apply for tax incentives or capital grants specifically for the renovation of rental suites. For more details and to view interior photos, interested parties are encouraged to get in touch with the agent handling the property (id:27476).
This property is currently on the market for sale and is situated at 2216 14th Avenue in the city of Regina, Saskatchewan. The postal code for this property is S4P0X8, and it features a low-rise architectural style with a total of 3 stories. The property type is classified as Multi-Family, making it an attractive investment opportunity.