AB > Red Deer > Eastview
Red Deer, AB T4N 1W1,3809-3813 50
Red Deer, AB T4N 1W1,3809-3813 50
Red Deer, AB T4N 1W1,3809-3813 50
Red Deer, AB T4N 1W1,3809-3813 50
Red Deer, AB T4N 1W1,3809-3813 50
Red Deer, AB T4N 1W1,3809-3813 50
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Ruth Alexander

Ruth Alexander

+1(403) 969-0109
$ 1,424,000
Est. payment | /mo

3,520 SqFt

Save
$ 1,424,000
Est. payment | /mo
Save

3,520 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3520.0

Square Footage 3,520 sqft

Price per Sqft $404

Subdivision Eastview

MLS Listing ID A2255574

Style Bi-Level

HOA Y/N No

Year Built 1986

Lot Dimensions 110x100

Property Sub-Type 4 plex

Property Description

Attention Investors: Are you a seasoned investor or new to the market! Either way your not going to want to miss out on this opportunity. 2 very well maintained 2 bedroom 4 plex's units on 1 lot one title. Exceptionally well cared for and lots of renovations over the years. From the roofs to the siding to the interiors including kitchens, cabinets, flooring, paint, bathrooms, two, furnaces, hot water tanks ( vary from unit to unit) all show well with good tenants in place on fixed and monthly leases wanting to stay. Could easily produce a 7% or greater cap rate while still maintaining lower than FMR. Great property if you want to self manage yourself with no large common areas or the associated costs other than small amount of grass to cut and little snow to shovel. Good convenient SE side location on the bus route. Plenty of parking with 1 powered stalls for each unit at the rear.. Currently grossing $110,000 a year with fixed costs of approx $22,000. If your just starting out or adding to your portfolio this one will be well worth considering.

Location

Province AB

County 0262

Zoning R-M

Interior

Inclusions Storage Shed

Fireplace No

Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Exterior

Parking Features Assigned, Parking Pad

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 8

Garage No

Building

Dwelling Type Four Plex

Foundation Wood

Architectural Style Bi-Level

Level or Stories One

Others

Restrictions None Known

Listed by RE/MAX real estate central alberta
Ruth Alexander

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 969-0109

info@raregroup.ca

700 1816 Crowchild Trail NW Calgary AB T2M 3Y7

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3809-3813 50