440-442 Connaught Street
House for sale in Regina — $483,900
Key facts
- Type: House
- Price: $483,900
- Bedrooms: 8
- Bathrooms: 4
- Living area: 1,680 sq ft
- Lot: 6,249 sq ft
- Year built: 1969
- City: Regina
- MLS® number: SK045065
- Agent: Century 21
- Brokerage: Century 21 Canada
Description
INVESTOR OPPORTUNITY IN REGENT PARK! An excellent opportunity to add a versatile income-producing property to your portfolio! This side-by-side duplex is being sold in its entirety (both sides included) and features a total of four potential rental units, with a main-floor suite and a non-regulation basement suite on each side. Offering great curb appeal and a largely low-maintenance exterior, this property is well suited for investors looking for multiple revenue streams under one roof. The bright and inviting main-floor suites feature updated finishes including newer vinyl plank flooring, pot lighting, quartz countertops, tile backsplashes and crisp white cabinetry. Each main level offers two bedrooms and an updated bathroom. The income potential here is impressive! The furnished main-floor suite at #440 is currently generating $1,700/month, while its basement suite has previously rented for approximately $1,100–$1,150/month. Next door, the furnished main-floor suite at #442 currently generates $1,600/month, with the basement suite previously renting for approximately $950–$1,000/month. The owner currently covers utilities and monthly internet service. With all four suites rented, this property offers a combined gross rental income potential of approximately $5,350–$5,450 per month — an exciting opportunity for an investor looking to add a multi-revenue property to their portfolio. Numerous recent upgrades add even more value, including air conditioning, furnaces, water…