LOADING

410 & 412 4th Avenue Rosthern, Saskatchewan S0K 3R0

5 Bedroom 4 Bathroom 3360 sqft
2 Level Baseboard Heaters, Hot Water Lawn

$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:24149)

Property Details

MLS® Number SK959897
Property Type Single Family
Features Treed, Lane, Rectangular, Sump Pump

Building

Bathroom Total 4
Bedrooms Total 5
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 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 Measurements not available x 10 ft
Second Level Primary Bedroom 17'2 x 11'2
Second Level 3pc Ensuite Bath 6'12 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
Main Level Foyer 7'11 x 3'4
Main Level Living Room 21 ft x Measurements not available
Main Level Dining Room 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 Foyer 7'11 x 3'4
Main Level Living Room 21 ft x Measurements not available
Main Level Dining Room Measurements not available x 11 ft

https://www.realtor.ca/real-estate/26569083/410-412-4th-avenue-rosthern

Interested?

Contact us for more information


Generating Captcha

Kevin Cross
Associate Broker

(306) 220-4433
www.crossrealestate.ca/

Royal LePage Saskatoon Real Estate
620 Heritage Lane
Saskatoon, Saskatchewan S7H 5P5

(306) 242-3535
(306) 244-5506

Your Favourites

 

No Favourites Found