***CASH COW - 6.32% CAP RATE*** INCREDIBLE INVESTMENT OPPORTUNITY! This 3 PLEX sits on a corner lot, in a quiet area, right by the park and across from a treed reserve! Each unit has 3 bedrooms, 1.5 bathrooms, vaulted ceilings and new stainless steel appliances! Yearly rent is $65,400! Tenants pay utilities. South backyard, 6 paved parking stalls and 3 storage sheds. Tenants to be assumed.
Address
3518 48 Avenue
List Price
$749,999
Property Type
Commercial
Type of Dwelling
Multi Family
Area
Red Deer
Sub-Area
South Hill
Lot Size
5848 Sq. Ft.
Year Built
2001
MLS® Number
A2197113
Listing Brokerage
RE/MAX Real Estate (Central)
Postal Code
T4N 3S3
Zoning
R2