3500-3508 48 Avenue | Red Deer, Alberta, T4N3S3
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. For more photos, interactive video and drone see MLS A2158142 (id:59084)Property Details
- Full Address:
- 35003508 48 Avenue, Red Deer, Alberta
- Price:
- $ 859,900
- MLS Number:
- A2168543
- List Date:
- September 25th, 2024
- Neighbourhood:
- South Hill
- Year Built:
- 1994
- Taxes:
- $ 5,534
- Listing Tax Year:
- 2024
Interior Features
- Flooring:
- Other
Building Features
- Architectural Style:
- Bi-level
- Foundation:
- Wood
- Garage Spaces:
- 8
- Ownership Type:
- Freehold
- Legal Description:
- 2
- Taxes:
- $ 5,534
Floors
- Finished Area:
- 2114 sq.ft.
- Main Floor:
- 2114 sq.ft.
Land
Neighbourhood Features
Ratings
Commercial Info
Location
Mortgage Calculator
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