5553 36 Street, Red Deer, AB - MLS # CA0139241

5553 36, Red Deer, AB T4N 0T4

Quick Summary

Price
$899,900
Type:
Multi-Family
Sub Type:
Sixplex
Title:
5553 36 Street
Possession:
Immediate,Subject To Tenancy
Tax Amount:
5700 / 2017

Lot Summary

Lot Width:
85
Lot Depth:
125
Lot Shape:
Standard
Sewer:
Municipal
Water Source:
Municipal

Rental Summary

Number of Units:
6
Two Bed Units:
4
Three Bed Units:
2
Annual Operating Expense:
9100
Gross Scheduled Income:
73920

Building Summary

Year Build:
1977
Construction Material:
Wood
Foundation Details:
Crawl
Roofing:
Asphalt
Flooring:
Vinyl Plank
Heating:
Baseboard heaters,Boiler
Heating Fuel:
Natural Gas
Flooring:
Vinyl Plank
Fire Prevention:
Smoke Detectors

Building Features

Exterior Features:
Deck
Inclusions:
Fridge x 6, Stove x 6, Dishwasher x 2

Parking Features

Parking Total:
8
Features:
Rear Parking,Parking - Plug-In,Parking - Extra

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Property Description

County / Parish: Red Deer County, Alberta
Zoning: R1A

INVESTOR ALERT! 6-PLEX FULLY RENOVATED & RENTED OUT…ONLY BLOCKS AWAY FROM RED DEER COLLEGE & THE HOSPITAL! This 6-plex is in desirable West Park – close to parks, schools, shopping, transit & Highway 2. Fully renovated inside and out with new cabinets, flooring, paint, trim, bathrooms, kitchens, high end boiler, all LED lighting….the list goes on. Exterior decks and even shingles and windows in the past 5 years. Four – 2 bedroom units (740 sq. ft.,2 up, 2 down) and two – 3 bedroom units (864 sq. ft., 1 up, 1 down) with a monthly rent of $6,160. With new boiler and LED throughout, gas/power expense will be significantly lower. Red Deer College has been approved for university status so this area is extremely popular and a very solid investment! Possession can be 30 days/negotiable if all tenants are assumed. Tenants pay for their electricity and coin-op laundry.

Listed By Royal Lepage Network Realty Corp.

Map

Walk Score

Financial Summary

Gross Scheduled Income:
73920
Total Annual Operating Expense:
9100

Agent on Duty


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