AB > Red Deer > South Hill
Red Deer, AB T4N3S3,3502-3504-3508, 3500 48 Avenue
Red Deer, AB T4N3S3,3502-3504-3508, 3500 48 Avenue
Red Deer, AB T4N3S3,3502-3504-3508, 3500 48 Avenue
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Jeffrey Sefton

Jeffrey Sefton

+1(250) 244-1762
$819,600
Est. payment /mo
2 Beds
2 Baths
2,114 SqFt
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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,114 sqft

Price per Sqft $387

Subdivision South Hill

MLS® Listing ID A2158142

Style Bi-level

Bedrooms 2

Half Baths 1

Condo Fees $340/mo

Originating Board Central Alberta REALTORS® Association

Year Built 1994

Property Description

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. Note these are presently mainly owner occupied, no rent roll. (id:24570)

Location

Province AB

Rooms

Extra Room 1 Lower level 7.50 Ft x 4.92 Ft 4pc Bathroom

Extra Room 2 Lower level 11.42 Ft x 8.83 Ft Bedroom

Extra Room 3 Lower level 12.83 Ft x 9.50 Ft Primary Bedroom

Extra Room 4 Main level 8.92 Ft x 8.33 Ft Other

Extra Room 5 Main level 10.50 Ft x 10.25 Ft Kitchen

Extra Room 6 Main level 15.58 Ft x 12.17 Ft Living room

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Linoleum, Vinyl

Exterior

Garage No

Fence Fence

Community Features Pets Allowed

Waterfront No

View Y/N Yes

View View

Total Parking Spaces 8

Private Pool No

Building

Lot Description Fruit trees, Landscaped

Story 1

Architectural Style Bi-level

Others

Ownership Condominium/Strata

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Jeffrey Sefton

+1(250) 244-1762

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3502-3504-3508, 3500 48 Avenue