2120-2142 Lorne Street Regina, Saskatchewan S4P 2M5

Low Rise Air Conditioned Fully Landscaped

$3,399,999

Exceptional Investment. Multi-family 26 unit apartment for purchase in the highly sought after Transition Area of Regina with tremendous land value attached as part of the purchase. Extensively renovated in Feb 2024 with over $1.2M invested and major work done such as upgrading power to accommodate electric heating and all units rebuilt from the studs. This 26-suite property features 14 bachelors and 12 one bedroom units. Each unit is generous in size with walk-in pantry/storage, new appliances (2024) and A/C for tenant comfort.2120 Lorne where the apartment is located is on a 75' x 125' lot(apprx). A separate adjacent parcel at 2134–2142 Lorne (approx. 125' x 125') contains 70 electrified parking stalls offers an attractive income source with 40 stalls currently rented at $135/month, or a potential redevelopment opportunity. The parking area was refurbished circa 2018 with welded steel posts and all new electrical conduit, weather-proof boxes and panels at each rail. (id:62370)

Property Details

MLS® Number SK030019
Property Type Multi-family
Neigbourhood Transition Area
Amenities Near By Public Transit
Community Features Pets Allowed With Restrictions, Adult Oriented
Parking Space Total 70

Building

Amenities Shared Laundry
Appliances Washer, Refrigerator, Dryer, Window Coverings, Stove
Architectural Style Low Rise
Constructed Date 1962
Cooling Type Air Conditioned
Heating Fuel Electric
Stories Total 2
Type Multi-family

Land

Acreage No
Land Amenities Public Transit
Landscape Features Fully Landscaped
Size Irregular 24937.00
Size Total 24937 Sqft
Size Total Text 24937 Sqft
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