CASH COWS - Unlock the Potential
Attention, investors!
Get ready for an exciting opportunity that promises exceptional returns.
Located just minutes away from the University of Saskatchewan, 1016 Temperance Street is a gem that could generate revenue in four incredible ways. This property offers an attractive investment proposition with a potential income of $4,450. Let's explore this cash cow rental property's features, upgrades, and potential.
Property Overview:
This impressive property boasts multiple income streams. The spacious upstairs unit commands a rental rate of $2,000, while two well-appointed downstairs suites each could fetch $1,000 per month. Additionally, the property offers three parking stalls which could be rented for $150 each, providing an extra $450 monthly. With a grand total of $4,450 in potential income, his property promises an attractive return on investment.
Upgrades and Enhancements:
The property has undergone recent upgrades to add value to this investment opportunity. The yard has been expertly re-graded, offering improved drainage and visual appeal. Fresh rock in the backyard ensures low maintenance and enhanced aesthetics. New window wells provide safety and natural light to the basement, and a brand-new fence adds privacy and security. These upgrades enhance the property's overall value and contribute to a more comfortable living experience for tenants.
Unlocking Additional Income Potential:
The potential for additional revenue at 1016 Temperance Street is not limited to its current rental streams. With ample parking space available at the back of the property, there is an opportunity to charge for parking, potentially increasing monthly income.
Furthermore, the basement holds excellent potential for a two-bedroom Airbnb rental, catering to travellers seeking a comfortable and convenient stay near the university. These additional income streams could significantly boost the property's overall profitability.
Investment Opportunity:
Priced at $380,000, the cash cow property at 1016 Temperance Street represents an attractive investment opportunity with strong income potential. The calculated monthly
revenue of $4,450
translates into an impressive annual return on investment. With a prime location near the renowned University of Saskatchewan, this property offers a steady pool of potential tenants. Whether you are an experienced investor looking to expand your portfolio or a newcomer seeking a reliable income source, this cash cow rental property presents a compelling proposition.
Don't miss out on the chance to own a highly profitable rental property at 1016 Temperance Street. With its multiple income streams, recent upgrades, and the potential for further revenue through parking and Airbnb rentals, this property has the power to become a lucrative asset. Take advantage of its prime location, strong rental market, and the ability to generate impressive cash flow. Secure your investment today and unlock the full potential of this cash cow rental property!
Your family real estate team:
Taylor Morrison 306.370.8474
AJ Morrison 306.270.1965
Léo Morrison 306.227.8383
hello@morrison87.com