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Asking price: 1,500,000 CAD

3930 55 Avenue

West Park · Red Deer · Alberta

MLS® A2358454 · Active · Multi-family

Listed building area: 7,680 sq ftListed lot area: 19,748 sq ftYear built: 1971

Listing at a glance

3930 55 Avenue, Red Deer. Multi-family. MLS® A2358454. Asking price: 1,500,000 CAD

Asking price
1,500,000 CAD
Property category
Multi-family
Property type
Multi-family
Building type
Multi-Family
MLS®
A2358454
Listed building area
7,680 sq ft
Listed lot area
19,748 sq ft
Year built
1971
Parking spaces
12

About this property

Bon Air Manor in West Park offers 12 two-bedroom suites with an opportunity to improve rental income. Offered at $1,500,000, or $125,000 per suite, this 3 floor, walk-up apartment building features generous sized 800 sq ft suites with balconies, shared laundry facilities and 12 on-site surface parking stalls with power.Improvements include renovations to three suites, balcony railing upgrades and replacement of approximately 40% of the windows. Current rents are well below market leaving room for future growth as suites are improved and rents increase over time. (id:65883)

Property summary

Property type
Multi-family
Building type
Multi-Family
Neighbourhood
West Park
Postal code
T4N4N4
Year built
1971
Living area
7,680 sq ft
Building area
7,680 sq ft
Lot size
19,748 sq ft

Heating & cooling

Heating
Natural gas
Cooling

Building & parking

Basement
Foundation
Poured Concrete
Roof
Construction
Parking
Parking spaces
12

Appliances & services

Appliances
Zoning description
R-D

Location

Listed by RE/MAX real estate central alberta. Information is believed reliable but should be independently verified. Measurements and availability may change.

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