We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
3815 51A Street, Red Deer
2024-09-30
Quick Summary
- Location
- 3815 51A Street, Red Deer, Alberta T4P1H4
- Price
- $3,780,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 11704ft2
- Year of Construction:
- 1976
MLS®#A2168228
Property Description
Well maintained 3-storey 24 suite apartment building located in a desirable and convenient location across from the Michener Recreational Center. All Tenants are on 1-year leases with various expiry dates except for 2 long-term Tenants and 1 vacant 2-bedroom suite to be fully renovated. There are five 2-bedroom suites, eighteen 1-bedroom suites and 1 bachelor suite. Each of the 1 and 2-bedroom units have a storage room, living room, entrance/hallway closet, 4-piece bathroom, kitchen and dinning area. All 2nd and 3rd floor units have a sliding door to a balcony. Over the past 7 years complete renovations including vinyl plank flooring, all new appliances including the addition of dishwashers, painting, new bathroom and kitchen cabinets and counter tops, room and closet doors, all moldings and casings, electrical fixtures and plumbing fixtures have been completed to two of the 2-bedrooms, fourteen of the 1-bedrooms and the bachelor suite. A 2-bedroom apartment will be vacated and full renovations started October 1, 2024. Partial renovations have been made to two of the 2-bedrooms and three of the 1-bedroom suites. There are two units left to renovate, which will provide a potential increase in rental revenue for the building. Additional renovations and updates to the common hallways and stairwells include new carpet/flooring, painting, reflective window film, LED lighting, new make-up air unit with air conditioning and a video security system with cameras at all entrances/exits, parking lot, the common hallways and stairwells. There is a common laundry room on the 1st/ground floor with 2 new token operated washers and gas dryers. Parking lot is paved and each suite has its own designated parking spot. There are 9 visitor parking spots as well as lots of available street parking. There is a live-in caretaker who looks after cleaning common hallways and stairwells, lawn cutting and snow removal and is remunerated with a rent reduction of $450.00. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 11704 sqft
- Building Type: Multi-Family
Land
- Land Size: 30056 sqft|21,780 - 32,669 sqft (1/2 - 3/4 ac)
Zoning
- Description: R3
Information entered by Century 21 Maximum
Listing information last updated on: 2024-10-23 19:40:22
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
Send a Message
One Percent Realty's top FAQs
We charge a total of $7,950 for properties under $700,000. For properties over $700,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
Learn more about the One Percent Realty Deal
Aimee Wong Associate
- Phone:
- 403-540-6792
- Email:
- aimee@calgaryhomerealty.ca
- Support Area:
- Calgary, Greater Calgary Area, Airdrie, Chestermere, Okotoks, Langdon, Cochrane, Rural Rocky View, Red Deer County, Red Deer, Diamond Valley, Didsbury, Carstairs, Crossfield
My education is in the art of communication, marketing, and design. Before becoming an agent, I sp ...
Full ProfileBhavya Soni Associate
.webp)
- Phone:
- 7807070479
- Email:
- Opendreamdoorswithbhavya@gmail.com
- Support Area:
- Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley
Bhavya Soni has 6 years of experience in managing properties in the Edmonton Real Estate Market. Bor ...
Full Profile