4611 50 Street, Red Deer

Row/Townhouse for Sale

4611 50 Street, Red Deer, MLS® # A2258892
  • MLS®#: A2258892
  • Price: $1,599,000
  • Parking: 8
  • Status: Active
  • Year Built: 1978
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24 hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long term investment or can sell individually in future. $250/unit/month condo fee currently. $8150/month is the rent income. We have some tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities.

Contact Dan Salloum About MLS® A2258892

Required Field

Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4

property information

  • Property Type: Row/Townhouse
  • MLS®#: A2258892
  • Year Built: 1978
  • Lot Shape: Square Shaped Lot
  • Total Floor Area: 8,488 sq.ft
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Community Information

  • Address: 4611 50 Street
  • Neighbourhood: Parkvale
  • City: Red Deer
  • Postal Code: T4N 2C2
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interior

  • Included: -
  • Fireplace Details: For Sale
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exterior

  • Exterior Features: Square Shaped Lot
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services & amenities

  • Parking: (8 Total Parking Spaces)
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$1,599,000

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Listing Courtesy of
Grand Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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