3835 50 Street, Red Deer, T4N 1W1

REDUCED 3% Multi-Family - Low Rise (1-4 Floors) For Sale

$1,200,000

Beds
Baths
Sqft
1962Built
MLS® #: CA0148217
Active

12 suite apartment in excellent rental area on Red Deer's east end. 11 Two bedroom and 1 One bedroom. Rents are between $750-$850 with most rents being increased to $825 in the future. Gross income of $113,040/year is approximate. Building foot print is 48' x 64'. Two levels above grade with basement level at half grade. Alley access to ample parking. Property could have condo conversion potential.

Essential Information

MLS® #: CA0148217
Price: $1,200,000
Acres: 0.00
Year Built: 1962
Type: Multi-Family
Sub-Type: Low Rise (1-4 Floors)
Status: Active

Community Information

Address: 3835 50 Street
City: Red Deer
County: Red Deer County
Province: AB
Postal Code: T4N 1W1

Amenities

Parking Spaces: 12
Parking: Parking Space(s)

Interior

Heating: Boiler

Exterior

Exterior Features: Balcony
Lot Description: 125.00X120.00
Roof: Flexible Membrane
Construction: Frame - Wood
Foundation: Concrete

Additional Information

Zoning: R2

Listing Details

Listing Office: Royal Lepage Network Realty Corp.

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