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3502-3504-3508, 3500 48 Avenue Red Deer, Alberta T4N 3S3

2 Bedroom 2 Bathroom 2100 Sqft
Bi-Level None Forced Air Fruit Trees, Landscaped

$859,900

Maintenance, Common Area Maintenance, Insurance, Reserve Fund Contributions, Sewer, Waste Removal, Water

$340 Monthly

A great start or addition to your investment portfolio, 4 individually titled townhouse condominiums. Rare to find such an attractive unique complex that has a great location on the south side across from the park and trail system with a view from every unit. Complex sits on 11,600 Sq ft lot with fenced off street paved parking with 2 stalls for each unit. Well maintained, upgraded vinyl fencing, upgraded decks and aluminum railings. New shingled installed 2024. Each unit offers open kitchen and dining area and 2 Pc bath on the main, lower level has 2 bedrooms, storage room, 4 Pc bath room and mechanical room, approx. 977 Sq ft finished per unit. Has great potential to generate 70,,000 per yr gross income and produce an attractive cap rate, and even greater if you want to maintain yourself. Each unit has individual billing for gas and power. Water sewer and garbage are billed to the complex. (id:57594)

Property Details

MLS® Number A2158142
Property Type Single Family
Community Name South Hill
Community Features Pets Allowed
Features Back Lane, Parking
Parking Space Total 10
Plan Na
Structure Shed, Deck
View Type View

Building

Bathroom Total 2
Bedrooms Below Ground 2
Bedrooms Total 2
Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer
Architectural Style Bi-level
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1994
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Vinyl Siding
Flooring Type Carpeted, Linoleum, Vinyl
Foundation Type Wood
Half Bath Total 1
Heating Type Forced Air
Stories Total 1
Size Interior 2100 Sqft
Total Finished Area 2114 Sqft
Type Row / Townhouse

Parking

Other
Parking Pad

Land

Acreage No
Fence Type Fence
Landscape Features Fruit Trees, Landscaped
Size Total Text Unknown
Zoning Description R2

Rooms

Level Type Dimensions
Lower Level 4pc Bathroom 7.50 Ft x 4.92 Ft
Lower Level Bedroom 11.42 Ft x 8.83 Ft
Lower Level Primary Bedroom 12.83 Ft x 9.50 Ft
Main Level Other 8.92 Ft x 8.33 Ft
Main Level Kitchen 10.50 Ft x 10.25 Ft
Main Level Living Room 15.58 Ft x 12.17 Ft
Main Level 2pc Bathroom 5.75 Ft x 4.92 Ft