A2256418 - 3809-3813 50 Street , Red Deer, Alberta T4N 1W1




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Attention Investors: Are you a seasoned investor or new to the market! Either way your not going to want to miss out on this opportunity. 2 very well maintained 2 bedroom 4 plex's units on 1 lot one title. Exceptionally well cared for and lots of renovations over the years. From the roofs to the siding to the interiors including kitchens, cabinets, flooring, paint, bathrooms, some, furnaces hot water tanks ( vary from unit to unit) all show well with good tenants in place on fixed and monthly leases wanting to stay. Could easily produce a 7% or greater cap rate while still maintaining lower than FMR. Great property if you want to self manage yourself with no large common areas or the associated costs other than small amount of grass to cut and little snow to shovel. Good convenient SE side location on the bus route. Plenty of parking with 1 powered stalls for each unit at the rear.. Currently grossing $110,000 a year with costs of approx $22,000. If your just starting out or adding to your portfolio this one will be well worth considering.

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ESSENTIAL
MLS®:A2256418
Price:1,424,000.00
Type:Commercial
Sub Type:Multi Family
RestrictionsNone Known
DOM9
INTERIOR SNAPSHOT   
Sq Ft:3,620
Heating:Forced Air


COMMUNITY DETAILS
Address:3809-3813 50 Street , Red Deer, Alberta T4N 1W1
City:Red Deer
Subdivision:Eastview
County:Red Deer
Province:Alberta
Postal Code:T4N 1W1
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1986
Structure Type:Low Rise (2-4 stories)
Foundation:Wood
Roof:Asphalt Shingle
Zoning:R-M
Construction:Vinyl Siding, Wood Frame
ROOM DIMENSIONS


Inclusions: Shed



Courtesy: RE/MAX real estate central alberta








Sean Gillis - RE/MAX Grande Prairie

A2256418 3809-3813 50 Street
Agent reviews Cell: 780.897.3520
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Recent Customer Reviews
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It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell

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Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy


Eastview Housing Trends


September 17th 9:20pm

Agent reviews Cell: 780.897.3520

(89 Reviews)
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FAQs about 3809-3813 50 Street , Red Deer, Alberta, T4N 1W1

3809-3813 50 Street MLS® A2256418 has an approximate size of 0 Sq. Ft. located in Eastview.

Nearby secondary schools include Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 3809-3813 50 Street , MLS® A2256418.

This Commercial is priced at $1,424,000.

This property is located at 3809-3813 50 Street , Red Deer, Alberta, T4N 1W1 in the Eastview community. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Eastview community resources page.