50 Street Unit 4611

For Sale 8 Days
$1,599,000
beds
baths
8,488 Sqft

50 Street Unit 4611

For Sale 8 Days
$1,599,000
beds
baths
8,488 Sqft

Highlights

Key insights

Description

An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24 hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long term investment or can sell individually in future. $250/unit/month condo fee currently. $8150/month is the rent income. We have some tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities. (id:63267)

Yu jing Li of Grand Realty,
#A2258892
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Exterior
  • # total stories
    2
  • # parking spaces
    8
Location
  • Subdivision
    Parkvale
Lot/ Land Details
  • Lot dimensions
    12450
Overview
  • Lot size (acres)
    0.29252818
  • Building size
    8488
  • Listing #
    A2258892
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28915606/4611-50-street-red-deer-parkvale
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-4,264

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25 Years fixed, 20% down payment, % interest
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