Wadena, SK S0A 4J0,245 3rd STREET NE
Wadena, SK S0A 4J0,245 3rd STREET NE
Wadena, SK S0A 4J0,245 3rd STREET NE
Wadena, SK S0A 4J0,245 3rd STREET NE
Wadena, SK S0A 4J0,245 3rd STREET NE
Wadena, SK S0A 4J0,245 3rd STREET NE
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$ 350,000
Est. payment | /mo

7 Beds

4 Baths

1,610 SqFt


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$ 350,000
Est. payment | /mo
Save

7 Beds

4 Baths

1,610 SqFt

Key Details

Property Type Single Family Home

Sub Type Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,610 sqft

Price per Sqft $217

MLS Listing ID SK027321

Style Bi-Level

Bedrooms 7

Year Built 1975

Annual Tax Amount $3,137

Tax Year 2023

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Attached

Source Saskatchewan

Property Description

Solid four-plex investment opportunity featuring a proven renovation history and strong rental fundamentals. This 1,610 sq. ft. building offers 7 bedrooms and 4 bathrooms across four self-contained units, providing an attractive mix of one- and two-bedroom suites well suited to local rental demand.

The property has undergone major renovations, including updates to kitchens, bathrooms, windows, doors, siding, insulation, flooring, plumbing, and mechanical systems. An updated furnace and newer plumbing add further long-term reliability. A refrigerator was replaced in Unit 2 within the past year.

Currently partially occupied, with market rents supporting approximately $4,700/month at stabilization ($950 for the one-bedroom unit and $1,250 for each two-bedroom unit, plus electricity). This creates immediate upside for investors through lease-up and rent optimization.

Appliances are included, simplifying turnover and management. The layout and suite mix support consistent demand and efficient operations.

The seller prefers to sell this property as part of a portfolio package with 89 Horkoff Street and 633/635 3rd Street, offering investors an opportunity to acquire scale and operational efficiencies across multiple assets.

A strong option for investors focused on stabilized returns, renovation-backed value, and long-term rental income.

Location

Province SK

Rooms

Basement Full Basement, Fully Finished

Kitchen 4

Interior

Hot Water Gas

Heating Forced Air

Cooling Forced Air

Exterior

Exterior Feature Vinyl

Parking Features No Garage, RV Parking

Garage Spaces 4.0

Roof Type Asphalt Shingles

Total Parking Spaces 4

Building

Lot Description Corner, Irregular

Building Description Wood Frame, Fourplex (all 4 units)

Structure Type Wood Frame

Others

Ownership Freehold

Listed by Aspaire Realty Inc.

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245 3rd STREET NE