1041 Main Street N, Moose Jaw, Saskatchewan

About 1041 Main Street N

Looking to add to your portfolio? This 3 unit building located right in the heart of Moose Jaw could be a great addition! Each suite has its own separate entrance with shared laundry/ storage in the basement. From the top down we have a cute 1 bedroom suite on the 3rd floor - complete with a galley style kitchen, 3 piece bath and a sunroom entering on the main floor! Your tenant is sure to love the excellent views of the neighborhood. The second floor suite is a 2 bedroom with a eat-in kitchen, updated 4 piece bathroom and a large 2nd floor balcony which is sure to be a hit! The main floor suite is a larger 2 bedroom boasting lots of space, a 4 piece bath, spacious kitchen and separate access to the laundry. In the basement we have a large storage area and a shared laundry space. The building is separately metered for power - 3 unit meters and one common one. Very nicely updated building with a newer roof, windows, siding, sewer line under the home, some flooring and a couple bathroom renovations. There is also a new sewer/water line to the home that was completed in 2021. Current rents are below market rent - lots of upside for a buyer. Longterm tenants in 2 suites - 3rd suite in process of being filled. With proper management and market rent this buildng would yield an 8.7% CAP rate at market rent. Reach out today if you have any questions or to book a showing.

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