Diane Richardson

Cell: 403-397-3706 |

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3500-3508 48 Avenue
South Hill (Red Deer) Red Deer T4N 3S3

$819,600
Multi-Family 2,114 sq. ft. built: 1994

Main Photo: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
Photo 1: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
Photo 2: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
Photo 3: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
Photo 4: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
Photo 5: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
Photo 6: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2168543
Year Built:
1994
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
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Home Style:
Bi-Level
Total Living Area:
2,114 sq. ft.
Main Level Finished Area:
2,114 sq. ft.
Stories Total:
1
Year built:
1994 (Age: 30)
Bathrooms:
- (Full:-, Half:-)
Plan:
3500-48
Heating:
Forced Air
Foundation:
Wood
Structure Type:
Other
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Other
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
8.0
Parking Total/Covered:
8 / -
South Hill (Red Deer)
All appliances Stoves(4) Fridges(4) dishwashers(4) Washers(4) Dryers(4)
Call Lister
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Red Deer
Zoning:
R2
Listed Date:
Sep 25, 2024
  • Photo 1: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
    Photo 1 of 6
  • Photo 2: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
    Photo 2 of 6
  • Photo 3: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
    Photo 3 of 6
  • Photo 4: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
    Photo 4 of 6
  • Photo 5: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
    Photo 5 of 6
  • Photo 6: 3500-3508 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2168543
    Photo 6 of 6
Listed by RE/MAX real estate central alberta
Data was last updated November 13, 2024 at 10:05 PM (UTC)
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.