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MLS® A2353145 · Active

231 & 233 Kendrew Drive

Red Deer, Alberta

$639,800

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
A2353145
Status
Active
Property type
Multi-family
City
Red Deer
Year built
2002
Living area
1302 square feet
Listing brokerage
Century 21 Advantage

About this property

DOUBLE THE OPPORTUNITY! Discover the investment potential of this well-maintained, side-by-side bi-level duplex at 231 & 233 Kendrew Drive in Red Deer. Offering two separate residential units, established tenants and a combined rental income of $3,000 per month, this property presents an appealing opportunity for investors looking to add a complete duplex to their portfolio.Each side features a functional bi-level design with comfortable main-floor living spaces and additional lower-level accommodation. The two units offer approximately 1,302 sq. ft. of combined above-grade floor area, plus their respective lower levels. The property has benefited from attentive ownership and ongoing maintenance, including improvements to flooring, countertops and appliances in 233 Kendrew Drive.Both units are currently rented at $1,500 per month, with tenants responsible for utilities. Existing leases extend to July 1, 2027, for 233 Kendrew Drive and September 1, 2027, for 231 Kendrew Drive, providing an established rental arrangement for the incoming owner.Whether you're growing an existing investment portfolio or looking to acquire your first multi-unit property, this duplex offers the advantages of two income-producing residences in one investment. A practical property with established income, maintained interiors and flexibility for future ownership plans! (id:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of Century 21 Advantage. Source attribution · REALTOR.ca

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