12 suite apartment in excellent rental area on Red Deer's east end. 11 Two bedroom and 1 One bedroom. Rents are between $750-$825 with some rents are able to be increased in the future. Six bay detached garage is each rented separately. Gross income of $125,712/year is approximate. Huge pie lot. Building foot print is 48' x 64'. Two levels above grade with basement level at half grade. Alley access to ample parking. Property may have condo conversion potential. Visit REALTORS® website for more details.
County Or Parish:
Red Deer County
Property Sub Type:
Low Rise (1-4 Floors)
0 acre(s)0 hectare(s)
Frame - Wood
Alarm - Automatic, Fire Extinguishers
Num 1 Bed Units:
Num 2 Bed Units:
Gross Scheduled Income:
Total Annual Operating Expenses:
Total Actual Rent:
12 FRIDGES, 12 STOVES
Listed by Royal Lepage Network Realty Corp.
Data was last updated July 21, 2019 at 03:10 AM (UTC)
All information displayed is believed to be accurate but is not guaranteed by Central Alberta REALTORS® Association and should be independently verified. No warranties or representations of any kind are made.