3514 51 Avenue, Red Deer, AB - MLS # CA0138688

3514 51, Red Deer, AB T4N 4G2

Quick Summary

Price
$495,000
Type:
Residential
Sub Type:
Fourplex
ArchitecturalStyle:
Bi-Level
Title:
3514 51 Avenue
Possession:
Immediate
Tax Amount:
4136 / 2018

Lot Summary

Lot Width:
47
Lot Depth:
120
Lot Shape:
Standard
Sewer:
Municipal
Water Source:
Municipal

Geographical Summary

Access:
Lane - Gravel

Building Summary

Beds:
7
Baths:
4
Year Build:
1976
Construction Material:
Frame - Wood,Shingles
Foundation Details:
Concrete
Roofing:
Shingle - Asphalt
Flooring:
Carpet,Linoleum
Utilities:
Cable,Electricity,Garbage Collection,Municipal Water,Sidewalks,Street Lighting
Heating:
Furnace - Forced Air - 1
Heating Fuel:
Natural Gas
Flooring:
Carpet,Linoleum
Area Above:
1518 sq ft
Area Below:
1518 sq ft

Building Features

Exterior Features:
Deck
Interior Features:
Laundry - Shared,Laundry Facilities,Suite-Legal,Window Coverings - Blinds
Inclusions:
4 Fridges, 4 Stoves, 4 Hood Fans, Blinds.

Other Features

Kitchen Appliances:
See Remarks
Other Equipment:
Dryer - Electric,Washer

Parking Features

Driveway Type:
Gravel
Parking Total:
4
Features:
Parking Pad

Property Description

County / Parish: Red Deer County, Alberta
Zoning: R2

Solid Income Four Suite Apartment (3 Two Bedroom Units and 1 One Bedroom Unit) with a great location close to transit, shopping, and just blocks from the Red Deer Hospital. Vacancy Rate has been Near Zero on this great income property and it generates $37,560.00/year at the current rental rates. Recently Installed Coin Laundry is expected to generate another $1000-$1500/year. Tenants pay their own power and gas; water and sewer are paid by the owner. All suites have been renovated over the past 6 years and only the One Bedroom has the original cabinets. 30-year singles were added about 15 years ago, and insulation has been upgraded. 1 Furnace has been replaced, and 1 has been rebuilt. There are 4 off street parking stalls with power to each one. For complete details see Realtors® website.

Listed By RE/MAX real estate central alberta - Blackfalds

Map

Walk Score

Agent on Duty


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