| Listing #: |
17976 |
| Asking Price: |
$595,000.00 |
| Ad Description: |
For Sale
1801 22nd Street West
$595,000 MLS
Legal Description: Lot A, Block 520, Plan 65 - S - 20267
Property Taxes: $7,985 / 07
Description: 17 suite, masonry constructed, apartment block consisting of 5 Bachelors (375 sf - 490sf), 6 x 1 Bedrooms (590sf) and 6 x 2 Bedroom (835 sq ft). Sizes are approximate
2 Washers, 2 Dryers (Nat. Gas.) Laundry machines are leased
17 Fridges & Stoves
Intercom / Security Doors / Alarm System
1/2 of the units recently redecorated,
2/3 Windows upgraded to PVC Casements
Current rent: Bach $320, 1Bd $385, 2BR $415 Annual rent was increased to 76,464 in 2007__________________________________________________________
Income Statement 2006 Actual 2007 Projected
Revenue Rent 66,553 76,464Laundry 797 800Total 67,350 77,264
Expenses
Advertising 598 200 Caretaker 2,898 3,000Insurance 3,470 3,500Management 3,552 3,900Rep.
Maint. 10,009 (inc. renos) 5,000Prop. Tax 7,985 7,985Utilities 17,601 18,000
Vacancy 5% ______ 3,800Total 46,113 45,385Net 21,237 35,679
Call Tom Cuelenaere to view 717-4484 |
| Condition: |
Good |
| Item Location: |
SASKATOON, SK [ Show Map ] |
| Date Listed: |
2007-05-22 |
|
