Nicely renovated 4plex in a quiet location. Nicely renovated and updated with new windows throughout, 4 newer furnaces, shingles (6-7 yrs old approx), and one suite was fully renovated in the last 6 months. One suite is largely original but in great condition, two other suites have been renovated and updated over the years. Building has always been easy to keep full and current tenants have been there long term. Current rents are $1000, $1050, $1050, and $1250 and can all be raised to market rent ($1500+) with 3 months notice to the tenants. Tenants all pay their own power and gas, landlord pays water/sewer/garbage. Lots of parking is available in the front and back. Building will provide well over 8% return once rents have been raised to market prices. This well cared for and well maintained building will make a great addition to any portfolio or a great starting point for anybody looking to invest in rental real estate!More details
Excellent potential in this well located 4 plex in Normandeau. Very well designed floor plan and layout in these units. Each one has a spacious living room, eating area, a galley style kitchen, 3 good sized bedrooms, 4 pc bath & a utility/ laundry room with washer & dryer. The upper units have patio doors to the deck. The renters have been here for some time so the rents are low. Good parking at back with 4 powered parking stalls. Tenants pay for all of their utilities. We have a proforma on file showing current rents and one with market rents.More details
This fantastic bungalow is perfectly situated on a quite close in Red Deer, offering a prime location near schools and recreational facilities. With 3 bedrooms on the main floor and two updated bathrooms, this home is move-in ready! A standout feature is the new solar panel system installed in 2019, which helps keep electrical bills manageable. The home also boasts two kitchens, one upstairs and one downstairs, providing flexible living options. The fully fenced backyard is spacious and ideal for outdoor activities, while the heated double detached garage—featuring both a wood stove and forced-air heating—provides an exceptional workspace or storage area. Plus, there's room for RV parking beside the garage! This home truly combines comfort, functionality, and sustainability. Don't miss this gem!More details
Data was last updated March 14, 2025 at 05:30 AM (UTC)
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