2440 ABBOTT ROAD

Excellent investment opportunity to acquire a well-maintained 9-unit apartment building in the desirable Arnhem Place neighbourhood of Southeast Regina. Ideally situated within walking distance of Douglas Park and Wascana Park, this property offers tenants convenient access to green space, recreation, public transit, shopping, and other nearby amenities. Over the past several years, the building has undergone numerous capital improvements, providing peace of mind for investors and reducing future maintenance costs. Recent Updates Include: *Sheet metal roof (approximately 7 years old) *New eavestroughs *22 new windows *New PEX water and heating lines throughout the basement *New sewer line from City of Regina shutoff and fully under the building. *New flooring in common hallways and stairwells *New underground yard sprinkler system The property features a 75-gallon rented hot water heater through Heath and an on-demand hot water boiler currently rented through Mackenzie. The boiler rental will be paid out by the seller upon completion, providing added value to the property. This is an excellent opportunity for investors seeking a solid multi-family asset in a strong rental location with significant recent capital upgrades. (id:53361)