1605 MacPherson AVENUE

Regina, Saskatchewan S4S4E1

5 beds · 2 baths · 1040 sqft

Welcome to 1605 MacPherson Avenue! This property is a gem for both homebuyers and savvy investors alike. Located in the bustling and family-friendly neighborhood of Hillsdale, this versatile "live up/rent down" home offers the perfect blend of comfortable living and income potential. For homebuyers, this property serves as an excellent mortgage helper, providing the opportunity to earn rental income while enjoying the benefits of homeownership. With parks, schools, and the University nearby, it's an ideal location for families looking for convenience and community. For investors, this property presents an exceptional opportunity with its excellent cash flow potential and long-term appreciation prospects. While it may require some cosmetic enhancements, its prime location and rental demand make it a lucrative investment choice. Inside, you'll find hardwood flooring throughout the main living space, adding warmth and character to the home. The family room boasts a high vaulted ceiling, creating an inviting atmosphere. The primary bedroom offers ample space and closet storage, while two additional bedrooms provide flexibility for various living arrangements. The kitchen is well-appointed with plenty of cabinetry and a convenient dining nook, perfect for everyday meals and entertaining. Downstairs, a separate entrance leads to the shared laundry and utility area, ensuring privacy for both homeowners and tenants. The secondary suite features a spacious kitchen and dining area, a cozy family room, a 3-pc bath, and two sizable bedrooms, offering comfortable living quarters for tenants. Value-added amenities include appliances for both levels, window treatments, durable metal roofing, PVC windows, and a generous backyard space. Whether you're a homebuyer looking for a mortgage helper or an investor seeking a profitable opportunity, don't miss out on 1605 MacPherson Avenue. Contact your agent today to schedule a viewing and explore the potential of this versatile property. (id:39198)

Facts & Features

Year built 1959

Floor size 1040 sqft

Bedrooms 5

Bathrooms 2

Parking 2

NeighbourhoodHillsdale

Land size 6471 sqft

Heating type Forced air

Basement typeFull (Finished)

Parking Type Parking Space(s)

Time on REALTOR.ca10 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Home price

$269,900

Start with 2% down and save toward 5% in 3 years*

$2,488 / month

Rent $2,204

Savings $284

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 10% in 3 years*

$2,630 / month

Rent $2,137

Savings $493

Initial deposit 5%

Savings target Fixed at 10%