24 Gilchrist CRES Red Deer, AB T4P 2X6

Fully renovated 4plex with 3 bedroom, 1 bathroom units. Situated on a quiet crescent and backing on to a treed reserve with a playground, these units are also walking distance to multiple schools and great for families. All four units have been renovated with vinyl plank flooring throughout, paint, some new cabinetry and light fixtures, and there's a new furnace in one unit. Shingles replaced in 2022. All units are currently rented with excellent tenants, and rents can be increased immediately on 3 suites, with the other available for an increase on April 1, 2025. Each unit has its own paved parking pad with room for 2 vehicles, and there's additional street parking available out front. Units are currently rented for $1300, $1300, $1350, and $1350 with landlord paying utilities, and market rents on these units are currently $1300 with tenants paying own electricity and gas (each unit is separately metered) so rents can easily be increased. Buy one building or purchase two units side by side as 28 Gilchrist Cres is also available for sale next door.