410 & 412 4th AVENUE, Rosthern, Saskatchewan, S0K 3R0

$599,900

MLS® # SK987384

House For Sale In Rosthern, Saskatchewan

$599,900

  • 10

    Bedrooms

  • 8

    Baths

  • 8

    Parking Spaces

Property Information:

Rosview Residences in Rosthern. This property represents a fantastic long-term investment opportunity with enormous flexibility and potential. The flexibility offered would be attractive to an owner/user or an investor to capitalize on the long-term growth of this great town. The building is on two separately titled lots and straddles the property line. Each half of the property has a separate title. In addition, an approved condo conversion is available offering the ability to treat the building as one unit, two units, or four units. The Town of Rosthern has given the green light for additional buildings such as garages or rental units to be added to the property (subject to final approval). In 2013, the home was moved from Saskatoon and placed on a new ICF foundation. What followed was a complete renovation of the building and new construction for the two lower units. The two upper units are a spacious 1560 sq ft, two-storey design. The second-floor features three bedrooms and two bathrooms including a large three-piece bathroom off the primary bedroom. The main floor offers a large living room and dining room area along with the kitchen and a convenient two-piece bathroom. Lower-level units are 695 sq ft with two bedrooms, kitchen, and a full bath. Each unit has two parking stalls with plug-ins at the front of the building and in-suite laundry. Rent increases have been given to take effect in 2024 bringing the revenue to $60,000/year and offering a 7% cap rate. Rosthern is a growing community serving as a main hub for the area and a convenient stopover halfway between Saskatoon and Prince Albert/lake country. It features a large, recently renovated school across the street from this building, a 24-hour hospital, and a number of seniors homes. The future outlook for the town is strong as evidenced by new development including a significant investment by Federated Coop into fuel and retail facilities, and a new Tim Hortons that has just been opened. Call today! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Architectural Style: 2 Level
  • Basement Development: Finished
  • Basement Type: Full
  • Heating Type: Baseboard heaters
  • Heating Fuel: Natural gas
  • Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave, Storage Shed, Stove

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 10
  • Bathrooms: 8
  • Built in: 1952
  • Features: Treed, Lane, Rectangular, Sump Pump
  • Fence Type: Partially fenced
  • Landscape Features: Lawn
  • Lot Frontage: 95.0 Feet
  • Parking Type: None, Gravel, Parking Spaces
  • No. of Parking Spaces: 8

Rooms:

  • Bathroom 2nd Level 6'11 x 4'10
  • Laundry 2nd Level 2'6 x 2'10
  • Bedroom 2nd Level 13'11 x 10'4
  • Bedroom 2nd Level Measurements not available x 10 ft
  • Primary Bedroom 2nd Level 17'2 x 11'2
  • Bathroom 2nd Level 6'11 x 6'3
  • Bedroom 2nd Level 13'11 x 10'4
  • Bedroom 2nd Level Measurements not available x 10 ft
  • Bedroom 2nd Level 17'2 x 11'2
  • Bathroom 2nd Level 6'11 x 4'10
  • Bathroom 2nd Level 6'11 x 6'3
  • Living Basement Level 14'9 x 10'8
  • Dining Basement Level 8'9 x 7'9
  • Kitchen Basement Level 11'3 x 7'8
  • Bathroom Basement Level 8'7 x 4'10
  • Bedroom Basement Level 9'8 x 9'2
  • Bedroom Basement Level 12'10 x 10'6
  • Bedroom Basement Level 9'8 x 9'2
  • Bedroom Basement Level 12'10 x 10'6
  • Bathroom Basement Level 8'7 x 4'10
  • Kitchen Basement Level 11'3 x 7'8
  • Foyer Main Level 7'11 x 3'4
  • Living Main Level 21 ft x Measurements not available
  • Dining Main Level Measurements not available x 11 ft
  • Kitchen Main Level 11'1 x 9'10
  • Bathroom Main Level 6'6 x 3'1
  • Living Main Level 21 ft x Measurements not available
  • Dining Main Level Measurements not available x 11 ft
  • Kitchen Main Level 11'1 x 9'10
  • Bathroom Main Level 6'6 x 3'1

Courtesy of: Royal LePage Saskatoon Real Estate

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos