$725,000
FOR SALE

Multiplex

3518 48 Avenue
Red Deer, AB T4N 3S3

***CASH COW - 6.32% CAP RATE*** INCREDIBLE INVESTMENT OPPORTUNITY! This 3 PLEX sits on a corner lot, in a quiet area, right by the park and across from a treed reserve! Each unit has 3 bedrooms, 1.5 bathrooms, vaulted ceilings and new stainless steel appliances! Yearly rent is $65,400! Tenants pay utilities. South backyard, 6 paved parking stalls and 3 storage sheds. Tenants to be assumed. BUYERS DID NOT WAIVE FINANCING. (id:47421)
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Listed By RE/MAX Real Estate (Central)
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2201270
Last Updated Mar 22, 2025
Property Summary
Property Type Multiplex

More like this:
Community South Hill
Price History

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Detailed Information
Listing Contract Date 2025-03-11
Municipal ID 0015670417
Ownership Type Freehold
# of Parking Spaces 6
Plan 8324ET
Property Type Multi-family
Structures Shed
Transaction Type For sale
Zoning Description R2
Building
Constructed Date 2001
Construction Style (Attachment) Attached
Stories Total 2
Total Finished Area 1978 sqft
Type Multi-Family
Land
Total Size 5850 square feet
Size of Irregular Land 5850.00

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