$645,000
$699,900
7.8%For more information regarding the value of a property, please contact us for a free consultation.
2,877 SqFt
SOLD DATE : 11/28/2023
Key Details
Sold Price $645,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,877 sqft
Price per Sqft $224
Subdivision Downtown Red Deer
MLS® Listing ID A2076186
Sold Date 11/28/23
Style Low-Rise(1-4),Multi Level Unit
Year Built 1977
Annual Tax Amount $5,616
Tax Year 2023
Property Sub-Type Apartment
Source Central Alberta
Property Description
Excellent investment opportunity in this fully rented 6-plex in the heart of Red Deer. The ground level features 2-large, 2 bedroom units with walk out patios and dens. The upper levels have 1 bedroom loft units with spiral staircases, open concept living areas, 1.5 baths and individual private decks. Unit and common area updates include lighting, kitchens and bathrooms, flooring and some windows and doors. Boiler and hot water tank are both in excellent condition making this investment turn key. Rental income is $6520.00 monthly with the last units being increases on October 1.
Location
Province AB
County Red Deer
Zoning C1
Interior
Heating Boiler, Natural Gas
Flooring Carpet, Vinyl
Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Exterior
Parking Features Off Street, Plug-In
Garage Description Off Street, Plug-In
Roof Type Asphalt Shingle,Membrane
Total Parking Spaces 6
Building
Story 3
Foundation Poured Concrete
Architectural Style Low-Rise(1-4), Multi Level Unit
Level or Stories Multi Level Unit
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 83343185
Ownership Private
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