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3518 48 AVE Red Deer, AB T4N 3S3
5,848 Sqft Lot
UPDATED:
03/04/2025 09:20 PM
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision South Hill
MLS® Listing ID A2197113
Originating Board Calgary
Year Built 2001
Tax Year 2024
Lot Size 5,848 Sqft
Acres 0.13
Property Sub-Type Multi Family
Property Description
***CASH COW - 6.32% CAP RATE*** INCREDIBLE INVESTMENT OPPORTUNITY! This 3 PLEX sits on a corner lot, in a quiet area, right by the park and across from a treed reserve! Each unit has 3 bedrooms, 1.5 bathrooms, vaulted ceilings and new stainless steel appliances! Yearly rent is $65,400! Tenants pay utilities. South backyard, 6 paved parking stalls and 3 storage sheds. Tenants to be assumed.
Location
Province AB
County Red Deer
Zoning R2
Interior
Inclusions 3 REFRIGERATORS, 3 STOVES, 3 DISHWASHERS, 3 WASHERS, 3 DRYERS, 3 STORAGE SHEDS, ALL WINDOW COVERINGS
Exterior
Lot Frontage 129.93
Total Parking Spaces 6
Others
Restrictions None Known
Tax ID 91068748
Ownership Private
Listed by RE/MAX Real Estate (Central)