Red Deer, AB T4N 1W1,3821 50 ST #101-304
Red Deer, AB T4N 1W1,3821 50 ST #101-304
Red Deer, AB T4N 1W1,3821 50 ST #101-304
7
$1,306,000
$1,175,000
11.1%
Est.Price: ?

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7,616 SqFt

3821 50 ST #101-304 Red Deer, AB T4N 1W1

Est. payment /mo
SOLD DATE : 08/01/2024

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Key Details

Sold Price $1,306,000

Property Type Multi-Family

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 7,616 sqft

Price per Sqft $171

Subdivision Eastview

MLS® Listing ID A2147214

Sold Date 08/01/24

Originating Board Central Alberta

Year Built 1964

Annual Tax Amount $10,509

Tax Year 2024

Lot Size 0.344 Acres

Acres 0.34

Property Description

Take a look at this 10 suite apartment building for sale in a convenient location. All units are tenant occupied, no vacancies. Each unit consists of 2 bedrooms, a 4pc. Bathroom, storage room, living room, kitchen and dining area. All units have sliding doors to the balconies which were all replaced in 2020. Units have a mix of vinyl plank flooring, carpet and/or linoleum. Many of the bathrooms have had some updates over the years. Overall, the units are spacious and in good condition. The upper floor units have vaulted ceilings. There is a large utility room/laundry room with one pair of washer/dryer for the building. There is also an underground floor unit that is unfinished but could have the potential to add an 11th suite. There is paved parking at the back. Current rents total $8956 per month. Ranging from $850 to 1072 per unit. Only one unit has been given a rent increase this year and mostly all other units can qualify for an increase in September of this year. New boiler in 2023.

Location

Province AB

County Red Deer

Zoning R2

Interior

Heating Boiler

Exterior

Total Parking Spaces 12

Building

Story 3

Others

Restrictions None Known

Tax ID 91454257

Ownership Private

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Listed by Century 21 Maximum

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Ronaldo Terra

REALTOR® | License ID: ldterraro

+1(403) 668-7018

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