3518 48 Avenue

Triplex For Sale in South Hill, Red Deer

$749,990
  • 1,978 Sq. Ft.
  • Built 2001
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***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
$749,990
Property Type
Multi-Family
Type of Dwelling
Triplex
Area
Red Deer
Sub-Area
South Hill
Floor Area
1,978 Sq. Ft.
Lot Size
5850 Sq. Ft.
Year Built
2001
MLS® Number
A2201270
Listing Brokerage
RE/MAX Real Estate (Central)
Postal Code
T4N 3S3
Zoning
R2
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Lime Green Realty Inc

Red Deer AB

Office: 403-505-0066

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* Compared to a typical rate of 6% on the first $100,000 and 3% on the balance of the sale price, not applicable for agent or relocation referrals.

* * $1,500 cash-back on a property that sells over $300,000, and $1,000 for a property that sells between $200,000 and $299,999. Cash-back is not offered on properties under $200,000. Commission paid by seller must be 3% on the first $100,000 and 1.5% on the balance of the sale price. Not applicable for agent or relocation referrals. May be reduced or not applicable on for-sale-by-owner properties. ***$4,000 flat fee commission only applicable on properties listed up to $600,000. 1% listing commission applicable on properties over $600,000.