Wadena, SK S0A 4J0,89 Horkoff AVENUE
Wadena, SK S0A 4J0,89 Horkoff AVENUE
Wadena, SK S0A 4J0,89 Horkoff AVENUE
Wadena, SK S0A 4J0,89 Horkoff AVENUE
Wadena, SK S0A 4J0,89 Horkoff AVENUE
Wadena, SK S0A 4J0,89 Horkoff AVENUE
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$ 350,000
Est. payment | /mo

5 Beds

4 Baths

1,560 SqFt


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$ 350,000
Est. payment | /mo
Save

5 Beds

4 Baths

1,560 SqFt

Key Details

Property Type Single Family Home

Sub Type Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $224

MLS Listing ID SK027322

Style Bi-Level

Bedrooms 5

Year Built 1970

Annual Tax Amount $3,065

Tax Year 2023

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Attached

Source Saskatchewan

Property Description

Well-positioned four-plex offering strong income potential and long-term investment stability in the community of Wadena. This 1,560 sq. ft. property features a total of 5 bedrooms and 4 bathrooms across four self-contained units, making it well suited for investors seeking diversified rental income within a single asset.

Current tenancy includes three occupied units with one vacant suite, providing immediate upside through lease-up. Existing rents total $2,700/month, with market rents supporting approximately $4,100/month when fully stabilized (utilities included), offering a clear path to improved cash flow.

Capital improvements include an updated furnace and new plumbing, helping reduce near-term maintenance risk and support long-term asset durability. The unit mix and utility-included rent structure align well with local tenant demand, contributing to consistent occupancy potential.

The seller prefers to sell this property as part of a portfolio package alongside 245 3rd Street and 633/635 3rd Street, presenting a rare opportunity to acquire multiple income-producing properties in one transaction.

Ideal for investors seeking scale, value-add potential, and long-term rental performance in a growing regional market.

Location

Province SK

Rooms

Basement Full Basement, Fully Finished

Kitchen 4

Interior

Hot Water Gas

Heating Forced Air

Cooling Forced Air

Appliance Dryer, Fridge, Stove, Washer

Exterior

Exterior Feature Vinyl

Garage Spaces 4.0

Roof Type Asphalt Shingles

Total Parking Spaces 4

Building

Lot Description Backs on to Park/Green Space, 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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89 Horkoff AVENUE