2504 Argyle STREET, Regina, Saskatchewan

Description

Welcome to a fantastic investment opportunity in the heart of River Heights! This Bungalow-style Full Duplex offers not one, but four separate suites, making it an ideal choice for both first-time homebuyers and savvy real estate investors. If you're a first-time homebuyer, this property could be the perfect start to your real estate journey. You have the option to live in one unit and let the rental income from the others help cover your expenses. For investors, this Full Duplex provides steady rental income and long-term potential. Nestled in the charming River Heights neighborhood, this duplex is just steps away from the serene beauty of Wascana Creek, offering delightful walking and biking paths, parks, and the picturesque Kiwanis Gardens. The layout includes two 2-bedroom, 1-bathroom units (2502/2504 A) which have been consistently rented for the last 5 years, currently fetching $1,245/month each. Additionally, there are two 1-bedroom, 1-bathroom units (2502/2504 B) with a strong rental history, currently earning $1,125/month each. Each basement suite has its own separate side entrance for added convenience and privacy. This full duplex is equipped with two furnaces, two hot water heaters (one rented, one owned), a water softener, and all the essential appliances: 4 fridges, 4 stoves, and 3 built-in dishwashers. There is a shared coin-operated washer and dryer for tenant use. Parking is never a concern with five off-street spots, including a double detached garage. The backyard is thoughtfully zero-scaped, complete with a patio area – perfect for socializing with friends, soaking up the sun, and enjoying a low-maintenance outdoor space. Currently, all tenants have leases expiring between 6-13 months from now, providing stability and income predictability. Don't miss out on this exceptional opportunity. Contact your real estate agent today for more information and to seize this promising investment in River Heights! (id:37275)

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