$859,900 FOR SALE

Condo Townhouse Bi-Level

Bedrooms: 0+2Bathrooms: 2
Maintenance Fees: $340

3500 48 Avenue #3502-3504-
Red Deer, AB T4N 3S3

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:47423)

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Listed By RE/MAX real estate central alberta
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2158142
Last Updated Sep 25, 2024
Property Summary
Property Type Condo Townhouse

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Maintenance Fees $340
Community South Hill
Price History
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Detailed Information
Bedrooms 0+2
Bathrooms 2
Community Features Pets Allowed
Features Back lane, Parking
Listing Contract Date 2024-08-15
Maintenance Fee Payment Frequency Monthly
Maintenance Fee Type Common Area Maintenance, Insurance, Reserve Fund Contributions, Sewer, Waste Removal, Water
Municipal ID 0026307702
Ownership Type Condominium/Strata
# of Parking Spaces 10
Plan NA
Property Type Single Family
Structures Shed, Deck
Transaction Type For sale
Views View
Zoning Description R2
Building
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
# of Half Bathrooms 1
Heating Type Forced air
Stories Total 1
Total Finished Area 2114 sqft
Type Row / Townhouse
Rooms
Room Level Dimensions Notes
4pc BathroomLower level7.50 Ft x 4.92 Ft
BedroomLower level11.42 Ft x 8.83 Ft
Primary BedroomLower level12.83 Ft x 9.50 Ft
OtherMain level8.92 Ft x 8.33 Ft
KitchenMain level10.50 Ft x 10.25 Ft
Living roomMain level15.58 Ft x 12.17 Ft
2pc BathroomMain level5.75 Ft x 4.92 Ft
Parking Spaces
Name Spaces
Other
Parking Pad
Land
Total Size Unknown
Fence Type Fence
Landscape Features Fruit trees, Landscaped
External Links

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