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Wadena
89 Horkoff AVENUE
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89 Horkoff AVENUE $350,000
$350,000
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89 Horkoff AVENUE
Wadena, Saskatchewan S0A4J0

MLS® Number: SK027322
5
Bedrooms
4
Bathrooms
1560
Square Feet

Listing Description

Well-positioned four-plex offering strong income potential and long-term investment stability in the community of Wadena. This 1,560 sq. ft. property features a total of 5 bedrooms and 4 bathrooms across four self-contained units, making it well suited for investors seeking diversified rental income within a single asset. Current tenancy includes three occupied units with one vacant suite, providing immediate upside through lease-up. Existing rents total $2,700/month, with market rents supporting approximately $4,100/month when fully stabilized (utilities included), offering a clear path to improved cash flow. Capital improvements include an updated furnace and new plumbing, helping reduce near-term maintenance risk and support long-term asset durability. The unit mix and utility-included rent structure align well with local tenant demand, contributing to consistent occupancy potential. The seller prefers to sell this property as part of a portfolio package alongside 245 3rd Street and 633/635 3rd Street, presenting a rare opportunity to acquire multiple income-producing properties in one transaction. Ideal for investors seeking scale, value-add potential, and long-term rental performance in a growing regional market. (29311821)

Property Summary

Property Type
Single Family
Building Type
Fourplex
Square Footage
1560 sqft
Title
Freehold
Land Size
0.27 ac
Built in
1970
Annual Property Taxes
$3,065
Parking Type
Gravel, Parking Space(s) (4)
Time on REALTOR.ca
11 days

Building

Bathrooms
Total
4
Interior Features
Appliances Included
Washer, Refrigerator, Dryer, Stove
Basement Type
Full (Finished)
Building Features
Features
Corner Site, Irregular lot size
Architecture Style
Bi-level
Heating & Cooling
Heating Type
Forced air
Parking
Parking Type
Gravel, Parking Space(s) (4)

Measurements

Square Footage
1560 sqft

Rooms

MetricImperial
Main level
Kitchen
Living room
4pc Bathroom
Bonus Room
Bedroom
Kitchen
Living room
4pc Bathroom
Bedroom
Bedroom
Basement
Kitchen
Living room
4pc Bathroom
Bedroom
Other
Laundry room
Kitchen
Living room
4pc Bathroom
Bedroom
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306-370-6179
Email
Aspaire Realty Inc.
#501 - 201 21st Street East
Saskatoon, Saskatchewan S7K0B8
306-683-6666
Office Website

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