526 4th Avenue N, Saskatoon

$480,000

5 Beds
4 Baths
1,696 Sqft
.07 Acres

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!

Essential Information
MLS® #SK955934
Price$480,000
Bedrooms5
Bathrooms4.00
Square Footage1,696
Acres0.07
Year Built1914
TypeResidential
Sub-TypeSingle Family Dwelling
StyleTwo And A Half
StatusActive
Community Information
Address526 4th Avenue N
SubdivisionCity Park
CitySaskatoon
ProvinceSaskatchewan
Postal CodeS7K 2M7
Amenities
Parking Spaces4
Features

Air Conditioner (Central), Air Exchanger

Interior
AppliancesFridge, Stove, Washer, Dryer
HeatingForced Air, Natural Gas
# of Stories3
Has BasementYes
Basement

Partial Basement, Fully Finished

Exterior
ExteriorSiding
Lot DescriptionRectangular
RoofAsphalt Shingles
ConstructionWood & Frame
Additional Information
Date ListedJanuary 16th, 2024
Days on Market107
HOA Fees0.00
Listing Details
OfficeRE/MAX Saskatoon
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