Just Listed - 2215 Lorne Street, Regina, Sask

Large Boarding House - Very Close To Downtown
Tenant Occupied, No For Sale Sign. Please respect Tenant's right to privacy.
Centrally located just south of the downtown core in Regina's Transition Area neighbourhood this residential investment property is situated close to public transit and all major employer's located in the downtown. Located within a short walking distance of this property is multiple parks (Victoria Park, Central Park & Wascana Park), plenty of shopping, restaurant, and entertainment amenities. Additionally, there is a small neighbourhood shopping centre adjacent to the property.
The building is one of the few properties remaining on Lorne street that survived the legendary Regina Cyclone of 1912. The building is made up of a single 1 bedroom self-contained suite and 8 Boarding Room style rental units that are outfitted with a modest kitchen setup (refrigerator & hotplate) with access to a shared washroom. There is no laundry facilities in the building. Outside the rear lot is developped into a parking area and offers 10 electrified stalls that are also rented out and are accessed via the lane-way behind the property.
The building is configured in such a way that the landlord is responsibile for Heat, Water, and Sewer. Electricity is separately metered for each tenant. Overall this multi-family property delivers very good ROI & cash-flow.
If this opportunity sounds like the type of investment you'd be interested in, give your REALTOR® a call today to book a viewing. If you don't already have a REALTOR® looking after your best interests, give me a call and I will get the qualification process started.

2215 Lorne Street
Regina, SK S4P 2M8
$415,000
MLS® ID:527960

Go to the URL below for full listing details including an Photo Tour and Bing Maps location.
http://www.century21.ca/noel.geremia/Property/101040487

Bedrooms: 9
Bathrooms: 2(Full: 2)
Parking/Garage: 10 Stalls
Sq. Feet: 3,200
Year Built: 1907
Style: 2 1/2 Storey
School District: Regina Public Schools / Regina Catholic Schools
Lot Size: 6,240 sq. ft

Contact me today for more info:
Noel Geremia
REALTOR®
CENTURY 21 Dome Realty Inc.

4420 Albert Street
Regina, SK S4S 6B4

Office: 306-790-3718
Personal Fax: 1-888-980-8231

Email: noel.geremia@century21.ca
Website: noelgeremia.com

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Noel Geremia

Noel Geremia

Associate Broker
CENTURY 21 Dome Realty Inc.
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