Property Details for MLS® # A2258892
4611 50 Street, Red Deer
Row/Townhouse for Sale
- MLS®#: A2258892
- Price: $1,599,000
- Parking: 8
- Status: Active
- Year Built: 1978
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

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
Community Information
- Address: 4611 50 Street
- Neighbourhood: Parkvale
- City: Red Deer
- Postal Code: T4N 2C2
interior
- Included: -
- Fireplace Details: For Sale
exterior
- Exterior Features: Square Shaped Lot
services & amenities
- Parking: (8 Total Parking Spaces)
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