42
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$725,000
Est. payment /mo
1,978 SqFt
Price Dropped by $24K
3518 48 AVE Red Deer, AB T4N 3S3
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,978 sqft
Price per Sqft $366
Subdivision South Hill
MLS® Listing ID A2201270
Originating Board Calgary
Year Built 2001
Tax Year 2024
Lot Size 5,850 Sqft
Acres 0.13
Property Sub-Type Triplex
Property Description
***CASH COW - 6.32% CAP RATE*** INCREDIBLE INVESTMENT OPPORTUNITY! This 3 PLEX sits on a corner lot, in a quiet area, right by the park and across from a treed reserve! Each unit has 3 bedrooms, 1.5 bathrooms, vaulted ceilings and new stainless steel appliances! Yearly rent is $65,400! Tenants pay utilities. South backyard, 6 paved parking stalls and 3 storage sheds. Tenants to be assumed. BUYERS DID NOT WAIVE FINANCING.
Location
Province AB
County Red Deer
Zoning R2
Interior
Inclusions 3 x Refrigerators, 3 x Stoves, 3 x Dishwashers, 3 x Washers, 3 x Dryers, 3 Storage Sheds, All Window Coverings
Appliance Other
Exterior
Parking Features Paved, Stall
Garage Description Paved, Stall
Total Parking Spaces 6
Building
Level or Stories Two
Others
Restrictions None Known
Tax ID 91068748
Ownership Private
Listed by RE/MAX Real Estate (Central)