3518 48 Avenue, Red Deer, Alberta T4N 3S3 (28008735)
3518 48 Avenue Red Deer, Alberta T4N 3S3
$725,000
***CASH COW - 6.32% CAP RATE*** INCREDIBLE INVESTMENT OPPORTUNITY! This 3 PLEX sits on a corner lot, in a quiet area, right by the park and across from a treed reserve! Each unit has 3 bedrooms, 1.5 bathrooms, vaulted ceilings and new stainless steel appliances! Yearly rent is $65,400! Tenants pay utilities. South backyard, 6 paved parking stalls and 3 storage sheds. Tenants to be assumed. BUYERS DID NOT WAIVE FINANCING. (id:50955)
Property Details
| MLS® Number | A2201270 |
| Property Type | Multi-family |
| Neigbourhood | South Hill |
| Community Name | South Hill |
| Parking Space Total | 6 |
| Plan | 8324et |
| Structure | Shed |
Building
| Constructed Date | 2001 |
| Construction Style Attachment | Attached |
| Stories Total | 2 |
| Size Interior | 1,978 Ft2 |
| Total Finished Area | 1978 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 5850.00 |
| Size Total | 5850 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 5850 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/28008735/3518-48-avenue-red-deer-south-hill
Associate
(403) 966-4663
www.harrymorgan.ca/
https://www.facebook.com/harrymorganrealestate/
5211 4 Street Ne
Calgary, Alberta T2K 6J5
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April 16 2025 03:53:07
Calgary Real Estate Board
RE/MAX Real Estate (Central)