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5313 48 AVE #1-18 Red Deer, AB T4N 3V2
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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 11,965 sqft
Price per Sqft $175
Subdivision Downtown Red Deer
MLS® Listing ID A2089949
Sold Date 04/19/24
Style Low-Rise(1-4)
Originating Board Central Alberta
Year Built 1979
Annual Tax Amount $17,667
Tax Year 2023
Lot Size 0.355 Acres
Acres 0.36
Property Description
INVESTMENT OPPORTUNITY! Red Deer 18 Unit Apartment Building
AMAZING Investment Opportunity! Excellent opportunity to invest in an 18 unit Apartment Building with a ton of extra's. All units have been upgraded as they become vacant, New Windows in 2016, Hot Water Tank in 2017, Boiler in 2016, Roof in 2012 and Hall Carpets in 2020, Air Exchanger in 2022... All units have separate electrical meters which include their parking stall. Common areas are Air Conditioned, Mix is 8 - 2 bedroom units (820sq ft) and 10 - 1 bedroom units(630 sq ft). There are 2 washers and 2 dryers. There is a Large Storage Room that is 630 sq ft and could be turned into a small gym or additional tenant storage. Excellent Location and Excellent Tenants!
Location
Province AB
County Red Deer
Zoning R3
Exterior
Total Parking Spaces 18
Building
Story 3
Architectural Style Low-Rise(1-4)
Level or Stories Multi Level Unit
Others
Restrictions None Known
Tax ID 83345145
Ownership Private
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