Red Deer, AB T4N2C2,4611 50 Street
Red Deer, AB T4N2C2,4611 50 Street
Red Deer, AB T4N2C2,4611 50 Street
Red Deer, AB T4N2C2,4611 50 Street
Red Deer, AB T4N2C2,4611 50 Street
Red Deer, AB T4N2C2,4611 50 Street
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$ 1,599,000
Est. payment | /mo

8,488 SqFt


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$ 1,599,000
Est. payment | /mo
Save

8,488 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 8,488 sqft

Price per Sqft $188

Subdivision Parkvale

MLS® Listing ID A2258892

Year Built 1978

Lot Size 0.286 Acres

Acres 12450.0

Property Sub-Type Freehold

Source Calgary Real Estate Board

Property Description

An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24 hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long term investment or can sell individually in future. $250/unit/month condo fee currently. $8150/month is the rent income. We have some tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Others

Ownership Freehold

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Listed by Grand Realty
Lisa Laughton

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

+1(403) 804-1248

lisalaughtonrealty@gmail.com

1817 Crowchild Trl NW, Calgary, T2M, 4R6, Canada

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4611 50 Street