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12 Suite Apartment Building - Regina, Sk *Online Bidding*

McDougall Auctioneers
Listing Details
Subtype: Apartment Building
Year built: 1978
Units: 12
Floors: 3
Beds: 24
Baths: 12
Lot Size: 11,680 Sq Ft
Description
Great Opportunity For An Investment Property! 12 Suite Apartment located at a prime location in Regina, Saskatchewan. Major works and improvements have been done to the property over the years and recently. All units are 2 bedrooms, 1 bathroom, kitchen, dining, living, utility storage, fridge, stove and balcony. 9 out of 12 units are currently rented and are privately managed. Near schools with very convenient access to all east end amenities, with public transportation available right along McDonald St in via 18 Ave E. This property will be sold via online auction on April 12. Preregistration is required. Please contact our real estate office to register for bidding in this auction. 📞 Type: MultiFamily, Style: Low-Rise, Year Built: 1978, Lot Size: 11,680 Square Feet, Property Taxes: 16,697.46, On-site stall parking, Single shared laundry, Heating: Self Contained Furnace, Individualized Furnaces and hot water tanks, Exterior Finish: Stucco, Separate water and power meters, 11 Standard 2 bedroom Units, 1 Executive 2 Bedroom Unit, Average Rent: $850 - $900 per month add, -------------------- Additional Information Recent repairs made for Unit #1 - Completed March 2022 Patch holes and paint walls, Replace kitchen sink faucet and valves, Paint fronts of cabinets, Recent repairs made for Unit #2 - Completed March 2022 Patch holes and paint walls, Remove carpets, dispose of, prepare the floor for Luxury Vinyl Flooring, install new LVP flooring - except for laminate areas, Paint and install new baseboards, Recent repairs made for Unit #4 - Completed March 2022 Adjust broken closet doors, Recent repairs made for Unit #6 - Completed March 2022 Mud and repair damaged walls, Ceiling spot paint, Replace light fixtures and smoke detectors, Deep clean of the unit - prepare to be rented, fully clean, Patio door handle replacement, Recent repairs made for Unit #9 - Completed March 2022 Mud and repair damaged walls, Remove carpets, dispose of, prepare the floor for Luxury Vinyl Flooring, install new LVP flooring - except for laminate areas, Replace vanity in bathroom, Replace broken/missing light fixtures and smoke detectors, Replace kitchen faucet, valves and water taps, -------------------- Damages: Wear and tear on exterior stucco -------------------- Bid Details Location: 2636 Central Ave, Regina, SK PST: Normal Serial #: LOT 16-17 BLK/PAR 12-PLAN FJ5368 EXT 0 Quantity: 1 Bid Increment: 1,000.00 Overview Viewing: By Appointment Only, Please Contact the Real Estate Team at 1- Terms and Conditions: Auction will close on Tuesday, April 12, 2022. 1. Highest Bid or Any Bid Not Necessarily Accepted. 2. Legal Fees are the responsibility of the respective party. Transfer Fees will be the responsibility of the Purchaser. 3. Upon agreement to Sell the Purchaser will be required to pay a non - refundable deposit with Certified Funds to McDougall Auctioneers of 10% plus the Buyer's Fee and applicable taxes within 24 hours. 4. Remainder of funds and title transfer to occur within 21 Days of Sale Agreement. 5. All auction items are sold buyer beware and as is where is. THIS AUCTION SALE REQUIRES PRE-REGISTRATION!! A refundable deposit of $10,000 is required to participate in this sale. Please allow a minimum of 24 hours to be registered. NO FINAL DAY REGISTRATIONS WILL BE PERMITTED. Please contact our Real Estate office to start the registration process. Prior to contacting our office, please ensure you have your bidding account for McDougallbay.com completed and set up. Our Real Estate Office is available by phone or email, Monday to Friday 8 AM to 4:30 PM. Phone . Email: Refundable deposit will be returned within 5 business days to unsuccessful bidders. You may also provide us a copy of a void cheque so that we can return the deposit more quickly.
Location & nearby
This listing is located in Regina, SK S4N 2N9
McDougall Auctioneers
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