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4447 35 Avenue Close, Red Deer, AB - MLS # CA0148212

4447 35, Red Deer, AB T4N 2S3

Quick Summary

Price
$1,110,000
Type:
Multi-Family
Sub Type:
Low Rise (1-4 Floors)
Title:
4447 35 Avenue Close
Possession:
Immediate
Tax Amount:
9809 / 2018

Lot Summary

Lot Width:
91
Lot Depth:
118
Lot Shape:
Standard

Rental Summary

Number of Units:
12
One Bed Units:
1
Two Bed Units:
12
Annual Operating Expense:
59727
Gross Scheduled Income:
124200

Building Summary

Year Build:
1961
Construction Material:
Frame - Wood
Foundation Details:
Concrete
Roofing:
Metal
Flooring:
Carpet,Linoleum
Heating:
Boiler
Heating Fuel:
Natural Gas
Flooring:
Carpet,Linoleum
Fire Prevention:
Alarm - Automatic,Fire Extinguishers

Building Features

Inclusions:
12 FRIDGES, 12 STOVES

Parking Features

Parking Total:
12
Features:
Rear Parking

Property Description

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

12 suite apartment in excellent rental area on Red Deer’s east end. 11 Two bedroom and 1 One bedroom. Rents are between $750-$820 with some rents being increased in the future. Six bay detached garage is each rented separately. Gross income of $114,400/year is approximate. Huge pie lot. Building foot print is 48′ x 64′. Two levels above grade with basement level at half grade. Alley access to ample parking. Property may have condo conversion potential. Visit REALTORS® website for more details.

Listed By Royal Lepage Network Realty Corp.

Map

Walk Score

Financial Summary

Gross Scheduled Income:
124200
Total Annual Operating Expense:
59727

Agent on Duty


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