3502-3504-3508, 3500 48 Avenue Active Save Request In-Person Tour Request Virtual Tour
Red Deer,AB T4N3S3
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,114 sqft
Price per Sqft $387
Subdivision South Hill
MLS Listing ID A2158142
Style Bi-level
Bedrooms 2
Half Baths 1
Condo Fees $340/mo
Originating Board Central Alberta REALTORS® Association
Year Built 1994
Property 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. Note these are presently mainly owner occupied. (id:24570)
Location
Province AB
Rooms
Extra Room 1 Lower level 7.50 Ft x 4.92 Ft 4pc Bathroom
Extra Room 2 Lower level 11.42 Ft x 8.83 Ft Bedroom
Extra Room 3 Lower level 12.83 Ft x 9.50 Ft Primary Bedroom
Extra Room 4 Main level 8.92 Ft x 8.33 Ft Other
Extra Room 5 Main level 10.50 Ft x 10.25 Ft Kitchen
Extra Room 6 Main level 15.58 Ft x 12.17 Ft Living room
Interior
Heating Forced air
Cooling None
Flooring Carpeted,Linoleum,Vinyl
Exterior
Garage No
Fence Fence
Community Features Pets Allowed
Waterfront No
View Y/N Yes
View View
Total Parking Spaces 10
Private Pool No
Building
Lot Description Fruit trees,Landscaped
Story 1
Architectural Style Bi-level
Others
Ownership Condominium/Strata