Description

Prime investment opportunity to acquire a 12 unit apartment block located in the highly sought after Transition Area of Regina! The building consists of TWO - 2 Bedroom units and TEN - 1 Bedroom units. The unique mid-century modern architectural nature of the stylish three-story glass atrium and Boston Oak Beam open riser stair case entrance defines the building's distinct and desirous living accommodations. This apartment block is concrete and masonry building. The building is well maintained and complies with all building codes including fire alarm, smoke/CO detectors in every suite, emergency lighting and common area magnetic fire door closures. The roof is inspected semi-annually having maintenance done as required on an ongoing basis. The building is heated with a central high efficiency low pressure hot water boiler system servicing in-suite thermostat controlled perimeter base board heating elements. The new boiler system was installed approximately 8 years ago. All suites contain kitchen fridge and stove appliances and three piece bathroom fixtures. Original living room oak hardwood flooring remains in all suites on the second and third floor units, some covered with carpeting or area rugs. The common area laundry room equipment is leased from Coin-O-Matic utilizing an on-site debit-to-laundry card system. There are 10 electrified parking spots. Conveniently located out front of the building is a public bus stop. This property is ideally situated within a short walking distance to Wascana Park, Museum, Darke Hall, Grocery, Medical Services and the trendy 13th Avenue shopping district. As per the Seller’s direction, all offers will be presented on 11/16/2026 1:00PM. (id:66360)

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