23 Nordegg CRES Active Save Request In-Person Tour Request Virtual Tour
Red Deer,AB T4P 2B8
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $312
Subdivision Normandeau
MLS Listing ID A2201462
Style Bi-Level
Year Built 1981
Property Sub-Type 4 plex
Property Description
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!
Location
Province AB
County Red Deer
Zoning R-M
Rooms
Basement Finished,Full
Interior
Interior Features Ceiling Fan(s),Closet Organizers,Laminate Counters,Separate Entrance,Storage
Heating Forced Air,Natural Gas
Flooring Carpet,Linoleum,Vinyl
Inclusions Fridge x3, Stove x3, Washer/Dryer x3
Appliance Refrigerator,Stove(s),Washer/Dryer
Laundry In Unit
Exterior
Exterior Feature Private Entrance
Parking Features Alley Access,Off Street,On Street,Stall
Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
Roof Type Asphalt Shingle
Porch Deck
Total Parking Spaces 6
Building
Lot Description Back Lane,Interior Lot
Dwelling Type Four Plex
Foundation Wood
Architectural Style Bi-Level
Level or Stories Bi-Level
Structure Type Brick,Stucco,Wood Frame
Others
Restrictions None Known
Tax ID 91391484
Virtual Tour https://unbranded.youriguide.com/3_23_nordegg_crescent_red_deer_ab/