Link Copied
Listed price in listed location currency (CAD).
$819,600

008

MLS® A2168543

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 2114 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 435
Approx. Age 1994
Avg. Price Per Sqft $387
MLS® Number A2168543

Property Address: 3500-3508 48 Ave, Red Deer, AB, T4N3S3

Average square foot calculated using Size range provided by listing agent.

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. For more photos, interactive video and drone see MLS A2158142 Estimated market rent approx. $1500. Per month per unit. Units are mostly owner occupied there is no rent roll
MLS® NumberA2168543
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1994
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All appliances Stoves(4) Fridges(4) dishwashers(4) Washers(4) Dryers(4)

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 25, 2024List Date
$819,600List Price
  • Commute

Commute

Starting Address
Destination Address
3500-3508 48 Ave, Red Deer, AB

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties