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

2 Bedroom 2 Bathroom 2642 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:57810)

Property Details

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

Building

BathroomTotal 2
BedroomsBelowGround 2
BedroomsTotal 2
Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer
ArchitecturalStyle Bi-level
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1994
ConstructionMaterial Wood Frame
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Vinyl Siding
FlooringType Carpeted, Linoleum, Vinyl
FoundationType Wood
HalfBathTotal 1
HeatingType Forced Air
StoriesTotal 1
SizeInterior 2642 Sqft
TotalFinishedArea 2642 Sqft
Type Row / Townhouse

Parking

Other
Parking Pad

Land

Acreage No
FenceType Fence
LandscapeFeatures Fruit Trees, Landscaped
SizeTotalText Unknown
ZoningDescription 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

https://www.realtor.ca/real-estate/27304647/3502-3504-3508-3500-48-avenue-red-deer-south-hill

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