3518 48 Avenue Red Deer, Alberta T4N 3S3

1,978 ft2

$725,000

***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. BUYERS DID NOT WAIVE FINANCING. (id:61635)

Property Details

MLS® Number A2201270
Property Type Multi-family
Neigbourhood South Hill
Community Name South Hill
Parking Space Total 6
Plan 8324et
Structure Shed

Building

Constructed Date 2001
Construction Style Attachment Attached
Stories Total 2
Size Interior 1,978 Ft2
Total Finished Area 1978 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 5850.00
Size Total 5850 Sqft|4,051 - 7,250 Sqft
Size Total Text 5850 Sqft|4,051 - 7,250 Sqft
Zoning Description R2

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