3907 39 ST #1101, 1102, 1103, 1104 Red Deer, AB T4N 0M6

Unique Investment opportunity. Southside CONDO'D 4 plex. All units are 3 bed, one bath, two storey with 2 powered parking stalls and the full appliance package including washers and dryers. Condo fees are currently $290.31 monthly per unit. Fee includes building insurance, reserve fund contributions, common area maintenance, exterior building maintenance and garbage/recycle. Tenants pay their own water, heat and power bills. This well built property had major reno's in 2007 including vinyl windows, vinyl siding, shingles, furnaces and new kitchens. All electric panels have been updated in the past 3 years. There is NO carpet, just original hardwood and vinyl tile. Each unit has a south facing backyard and patio with a garden shed for storage. All rents reflect current market conditions. Each unit has a unit factor of 148. The condo corporation is professionally managed and is in good condition.