3430 49 Avenue, Red Deer, Alberta

$5,500,000

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9,505

Square feet

0.42

Acres

About 3430 49 Avenue

Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant. The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset. (id:6289)

More Info on this South Hill Multi-Family MLS® listing

3430 49 Avenue is a multi-family listing for sale in Red Deer. The MLS® number is A2336874. It was built in 2014 and covers 9,505 square feet. It's currently listed for $5,500,000. For more details on MLS® A2336874, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in South Hill is available now!

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Features of 3430 49 Avenue

Listing # A2336874
Price $5,500,000
Square Footage 9,505
Acres 0.42
Year Built 2014
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 3430 49 Avenue
Area South Hill
Subdivision South Hill
City Red Deer
Province Alberta
Postal Code T4N3W2

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
Has Basement No

Exterior

Lot Description 18406.00
Foundation Poured Concrete

Additional Information

Zoning R-M

Listing Details

OfficeReal Broker

Listing Map

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