REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 650,000
Est. payment /mo
New
23 Nordegg Crescent Red Deer, AB T4P2B8
2,080 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
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
Originating Board Central Alberta REALTORS® Association
Year Built 1981
Property Sub-Type Freehold
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! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Flooring Carpeted, Linoleum, Vinyl
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold
Virtual Tour https://youriguide.com/3_23_nordegg_crescent_red_deer_ab/
Listed by RE/MAX real estate central alberta