3500,3502,3504,3506,3508 48 Ave Avenue
Red Deer
T4N 3S3
$999,500
Residential
beds: 2
baths: 2.0
2,114 sq. ft.
built: 1994
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2158142
- Bedrooms:
- 2
- Bathrooms:
- 2
- Year Built:
- 1994
- Photos (39)
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A great start or addition to your investment portfolio, 5 individually titled townhouse condominiums. Rare to find such an attractive unique complex that has a great location on the south side across from the park and trail system with a view from every unit. Complex sits on 11,600 Sq ft lot with fenced off street paved parking with 2 stalls for each unit. Well maintained, upgraded vinyl fencing, upgraded decks and aluminum railings. New shingled installed 2024. Each unit offers open kitchen and dining area and 2 Pc bath on the main, lower level has 2 bedrooms, storage room, 4 Pc bath room and mechanical room, approx. 977 Sq ft finished per unit. Has great potential to generate 70,,000 per yr gross income and produce an attractive cap rate, and even greater if you want to maintain yourself. Each unit has individual billing for gas and power. Water sewer and garbage are billed to the complex. Note these are presently mainly owner occupied, no rent roll.
- Property Type:
- Residential
- Property Sub Type:
- Row/Townhouse
- Condo Type:
- Conventional Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Home Style:
- Bi-Level
- Total Living Area:
- 2,114 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 2,245 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- Condo Fee:
- $340.00
- Condo Fee Includes:
- Common Area Maintenance, Insurance, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
- HOA Fee Includes:
- Signup
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- West
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Entry Level:
- 1
- Stories Total:
- 1
- Levels:
- One
- End Unit:
- 2+ Common Walls
- Total Rooms Above Grade:
- 3
- Year built:
- 1994 (Age: 30)
- Bedrooms:
- 2 (Above Grd: 0)
- Bedrooms Above Grade:
- 0
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:1, Half:1)
- Plan:
- NA
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Wood
- New Constr.:
- No
- Construction Material:
- Vinyl Siding, Wood Frame
- Structure Type:
- Five Plus
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Linoleum, Vinyl
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- 0
- Parking:
- Off Street, Parking Pad
- Parking Places:
- 8.0
- Parking Total/Covered:
- 8 / -
- Laundry Features:
- In Basement
- Condo Fee Frequency:
- Monthly
- Z-name Not Listed
- South Hill (Red Deer)
- Parking
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer
- N/A
- Call Lister
- Yes
- Floor
- Type
- Size
- Other
- Main Floor
- Dinette
- 8'11" × 8'4"
- Main Floor
- Kitchen
- 10'6" × 10'3"
- Main Floor
- Living Room
- 15'7" × 12'2"
- Lower Level
- Bedroom
- 11'5" × 8'10"
- Lower Level
- Bedroom - Primary
- 12'10" × 9'6"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 4'11" x 5'9"
- Lower Level
- No
- 4
- 4'11" x 7'6"
- Title to Land:
- Fee Simple
- Community Features:
- Walking/Bike Paths
- Interior Features:
- Sump Pump(s)
- Exterior Features:
- Private Entrance
- Patio And Porch Features:
- Deck
- Lot Features:
- Back Lane, Fruit Trees/Shrub(s), Landscaped, Paved, Views
- Num. of Parcels:
- 0
- Outbuildings:
- Shed
- Fencing:
- Fenced
- Region:
- Red Deer
- Zoning:
- R2
- Listed Date:
- Aug 15, 2024
- Days on Mkt:
- Signup
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Listed by RE/MAX real estate central alberta
Data was last updated December 22, 2024 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 161
- Avg list price:
- $484,000
- Min list price:
- $94,900
- Max list price:
- $2,200,000
- Avg days on market:
- 44
- Min days on market:
- 1
- Max days on market:
- 222
- Avg price per sq.ft.:
- $334.11
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations.
- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
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