3502-3504-3508, 3500 48 Avenue, Red Deer

2024-08-18
 

Quick Summary

Location
3502-3504-3508, 3500 48 Avenue, Red Deer, Alberta T4N3S3
Price
$819,600 CAD
Status:
For Sale
Property Type:
Single Family
Area:
2114ft2
Bathrooms:
2
Year of Construction:
1994
Photo Link:
Video Link:

MLS®#A2158142

Property Description

A great start or addition to your investment portfolio, 4 individually titled townhouse condominiums. Rare to find such an attractive unique complex that has a great location on the south side across from the park and trail system with a view from every unit. Complex sits on 11,600 Sq ft lot with fenced off street paved parking with 2 stalls for each unit. Well maintained, upgraded vinyl fencing, upgraded decks and aluminum railings. New shingled installed 2024. Each unit offers open kitchen and dining area and 2 Pc bath on the main, lower level has 2 bedrooms, storage room, 4 Pc bath room and mechanical room, approx. 977 Sq ft finished per unit. Has great potential to generate 70,,000 per yr gross income and produce an attractive cap rate, and even greater if you want to maintain yourself. Each unit has individual billing for gas and power. Water sewer and garbage are billed to the complex. Note these are presently mainly owner occupied. (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
  • Architectural Style: Bi-level
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Attached
  • Cooling Type: None
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Flooring Type: Carpeted, Linoleum, Vinyl
  • Interior Size: 2114 sqft
  • Building Type: Row / Townhouse
  • Stories: 1

Features

  • Feature: Back lane, Parking

Land

  • Land Size: Unknown

Maintenance Fee

  • Maintenance Fee: 340.00

Ownership

  • Type: Condominium/Strata

Structure

  • Structure: Shed, Deck

Zoning

  • Description: R2

Information entered by RE/MAX real estate central alberta
Listing information last updated on: 2024-10-15 16:56:00


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