4447 35 Avenue Close, Red Deer

$1,220,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

12 suite apartment in excellent rental area on Red Deer's east end. 11 Two bedroom and 1 One bedroom. Rents are between $750-$850 with most rents being increased to $825-$850 in the future. Six bay detached garage is each rented separately (1x$175, 1x $150, 4 x $200). Gross income of $124,200/year is approximate. Huge pie lot. Building foot print is 48' x 64'. Two levels above grade with basement level at half grade. Alley access to ample parking. Property may have condo conversion potential. Complete viewings only with accepted offer in place.

Essential Information
MLS® #CA0148212
Price$1,220,000
Acres0.00
Year Built1961
TypeMulti-Family
Sub-TypeLow Rise (1-4 Floors)
StatusActive
Community Information
Address4447 35 Avenue Close
CityRed Deer
CountyRed Deer County
ProvinceAB
Postal CodeT4N 2S3
Amenities
Parking Spaces12
ParkingRear Parking
Interior
HeatingBoiler
Exterior
Lot Description91.00X118.00
RoofMetal
ConstructionFrame - Wood
FoundationConcrete
Additional Information
ZoningR2
Office

Royal Lepage Network Realty Corp.

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