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Descriptions:
Exceptional Investment. Multi-family 26 unit apartment for purchase in the highly sought after Transition Area of Regina with tremendous land value attached as part of the purchase. Extensively renovated in Feb 2024 with over $1.2M invested and major work done such as upgrading power to accommodate electric heating and all units rebuilt from the studs. This 26-suite property features 14 bachelors and 12 one bedroom units. Each unit is generous in size with walk-in pantry/storage, new appliances (2024) and A/C for tenant comfort.2120 Lorne where the apartment is located is on a 75' x 125' lot(apprx). A separate adjacent parcel at 2134-2142 Lorne (approx. 125' x 125') contains 70 electrified parking stalls offers an attractive income source with 40 stalls currently rented at $135/month, or a potential redevelopment opportunity. The parking area was refurbished circa 2018 with welded steel posts and all new electrical conduit, weather-proof boxes and panels at each rail.
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| Status: |
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Conditional Sale
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| Includes: |
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Air Conditioning, Dryer, Fridge, Stove, Washer, Window Treatment |
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| Site Influences: |
| Adult Oriented, Fully Landscaped, Public Transit Nearby |
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| Location & Listing Info: |
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| Neighbourhood: |
Transition Area
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| Property Info: |
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| Property Type: |
Residential Only |
| Year Built: |
1962 |
| Total Floor Area: |
0 sq. ft. |
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| Exterior: |
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| Exterior: |
Brick, Other |
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| Additional Info: |
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| Floor Finish: |
Wood |
| Fireplaces: |
0 |
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Contact Jerome Rink CCIM -
234 UNIVERSITY PARK DRIVE, Regina, Saskatchewan, S4V 1A3
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The property data being displayed has been provided through the Internet Data Exchange of the Association of Saskatchewan REALTORS® which owns the copyright to the listing data.
All information is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The Data provided must only be used by consumers for the purpose of listing and purchasing real estate and may not be used for any commercial purpose.
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