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4026 50a Street Red Deer, Alberta t4n 1y7

1431 sqft

$329,900

Have you been looking for a high return investment property to add to your port folio? This well maintained triplex is located in the quiet community of Michener Hill. There are 3 separate legal suites in this building priced at just $110,000 per unit. The upper unit is a cozy 2 bedroom(1 year lease in place) which rents for $925/ month. The main floor unit (recently renovated) rents for $900/month and the one bedroom basement suite rents for $850/month. The owner pays utilities and there’s also a washer and dryer included. The windows, electrical and side was upgraded in 2016. All this is located on a 50 X 125 ft treed private lot with ample parking street side and in back as well. This triplex has been very well maintained. Viewing on the main floor only till an accepted offer is in place. Tenants rights apply. (id:56672)

Property Details

MLS® Number A2021587
Property Type Multi-family
Neigbourhood Michener Hill
Community Name Michener Hill
Parking Space Total 5
Plan 3586ae

Building

Appliances Refrigerator, Stove, Garage Door Opener, Washer & Dryer
Constructed Date 1952
Construction Style Attachment Attached
Size Interior 1431 Sqft
Total Finished Area 1431 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 6250.00
Size Total 6250 Sqft|4,051 - 7,250 Sqft
Size Total Text 6250 Sqft|4,051 - 7,250 Sqft
Zoning Description R2