1-18, 5313 48 Avenue Red Deer, Alberta T4N 3V2
$2,250,000
INVESTMENT OPPORTUNITY! Red Deer 18 Unit Apartment BuildingAMAZING 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! (id:49444)
Property Details
MLS® Number | A2089949 |
Property Type | Multi-family |
Community Name | Downtown Red Deer |
Parking Space Total | 18 |
Plan | K3 |
Building
Architectural Style | Low Rise |
Constructed Date | 1979 |
Construction Style Attachment | Attached |
Stories Total | 3 |
Size Interior | 11,965 Ft2 |
Total Finished Area | 11965 Sqft |
Type | Apartment |
Land
Acreage | No |
Size Irregular | 15470.00 |
Size Total | 15470 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
Size Total Text | 15470 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
Zoning Description | R3 |
https://www.realtor.ca/real-estate/26216636/1-18-5313-48-avenue-red-deer-downtown-red-deer
Contact Us
Contact us for more information

Cindy Price
Broker
(403) 346-8485
www.realtyexecutives.com/office/rea
www.facebook.com/RealtyExecutivesAlbertaEli
www.linkedin.com/company/18168813/
twitter.com/REAlbertaElite
123, 5301 - 43 Street
Red Deer, Alberta T4N 1C8
(403) 342-4455
(403) 346-8485
www.realtyexecutivesalbertaelite.com
Tamara Janzen
Associate
123, 5301 - 43 Street
Red Deer, Alberta T4N 1C8
(403) 342-4455
(403) 346-8485
www.realtyexecutivesalbertaelite.com