12 suite apartment in excellent rental area on Red Deer's east end. 11 Two bedroom and 1 One bedroom. Rents are between $750-$820 with some rents being increased in the future. Six bay detached garage is each rented separately. Gross income of $114,400/year is approximate. Huge pie lot. Building foot print is 48' x 64'. Two levels above grade with basement level at half grade. Alley access to ample parking. Property may have condo conversion potential. Visit REALTORS® website for more details.
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