Red Deer, AB T4N 3V2,5313 48 AVE #1-18
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Red Deer, AB T4N 3V2,5313 48 AVE #1-18
Red Deer, AB T4N 3V2,5313 48 AVE #1-18
Red Deer, AB T4N 3V2,5313 48 AVE #1-18
Red Deer, AB T4N 3V2,5313 48 AVE #1-18

$2,100,000

Est. payment /mo

$2,250,000

6.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5313 48 AVE #1-18 Red Deer, AB T4N 3V2

11,965 SqFt

SOLD DATE : 04/19/2024

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 11,965 sqft

Price per Sqft $175

Subdivision Downtown Red Deer

MLS® Listing ID A2089949

Style Low-Rise(1-4)

Year Built 1979

Annual Tax Amount $17,667

Tax Year 2023

Lot Size 0.355 Acres

Property Sub-Type Apartment

Property Description

INVESTMENT OPPORTUNITY! Red Deer 18 Unit Apartment Building
AMAZING Investment Opportunity! Excellent opportunity to invest in an 18 unit Apartment Building with a ton of extra's. All units have been upgraded as they become vacant, New Windows in 2016, Hot Water Tank in 2017, Boiler in 2016, Roof in 2012 and Hall Carpets in 2020, Air Exchanger in 2022... All units have separate electrical meters which include their parking stall. Common areas are Air Conditioned, Mix is 8 - 2 bedroom units (820sq ft) and 10 - 1 bedroom units(630 sq ft). There are 2 washers and 2 dryers. There is a Large Storage Room that is 630 sq ft and could be turned into a small gym or additional tenant storage. Excellent Location and Excellent Tenants!

Location

Province AB

County Red Deer

Zoning R3

Building

Story 3

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Listed by Realty Executives Alberta Elite
agent

Ken Rigel

Team Lead

+1(403) 207-1748

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