$2,250,000
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0.36 Acres Lot
SOLD DATE : 04/19/2024
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Red Deer
MLS® Listing ID A2089961
Year Built 1979
Annual Tax Amount $17,667
Tax Year 2023
Lot Size 0.355 Acres
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
Interior
Heating Boiler, Natural Gas
Building
Foundation Poured Concrete
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