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2119 Osler St

12 Unit Apartment Building $669,526 USD ($55,794 USD/Unit) 5.45% Cap Rate Regina, SK S4P 1W7

Executive Summary

Welcome to 2119 Osler St, located in the highly sought-after General Hospital area of downtown Regina. This 12-unit apartment building is an excellent investment opportunity, perfect for a savvy buyer looking to renovate and add value. With 11 one-bedroom units and 1 bachelor unit, this property offers great potential for long-term growth and profitability. Each of the one-bedroom units features an efficient and spacious floor plan, including a large living room, a separate eat-in kitchen with dining space, a cozy bedroom, and a 4-piece bathroom. The bachelor unit has been updated and provides a functional layout, making it ideal for tenants or potential short-term rentals. The property also includes a dedicated laundry room with owned equipment, providing added convenience for tenants. Additionally, the building is equipped with two high-efficiency boilers, ensuring energy savings and comfort for years to come. Situated just steps away from the General Hospital, Italian Star Deli, and all of downtown Regina’s amenities, this property offers unbeatable convenience and location. Whether you are looking to undertake renovations and sell after completed or hold for long-term rental income, this property has the potential to become a standout in your portfolio. Don’t miss out on this fantastic opportunity!

Attachments

2119 Osler St Proforma

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual (USD) Annual Per SF (USD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (USD)
Annual $99,999
Annual Per SF $9.99
Other Income (USD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (USD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (USD)
Annual $99,999
Annual Per SF $9.99
Taxes (USD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (USD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (USD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (USD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $669,526 USD
Price Per Unit $55,794 USD
Sale Type Investment
Cap Rate 5.45%
Gross Rent Multiplier 6.36
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 2,460 SF
Average Occupancy 75%
No. Stories 3
Year Built 1963
Parking Ratio 3.66/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $599.68 USD 350
1+1 11 $740.78 USD 500
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RL (Residential Low-Rise)
RL (Residential Low-Rise)
  • Listing ID: 34061556

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 2119 Osler St, Regina, SK S4P 1W7

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