Well maintained, attractive 4 year old building centrally located in downtown Red Deer on a quiet tree-lined street. Well built, 3 floor walk-up, 12 suite building. All suites have in unit waster & dryer, built in microwave/stove hood, stainless steel appliances. All suites are 2 bedrooms, 1 bathroom with large kitchen/eating area and living room and lots of closet/storage in each suite. Kitchen provides large counter area and lots of cabinet space. Building and units are boiler heated (heat included in rent) with each suite separately metered for electricity. Common area - hallways & stairwells are freshly painted. Two open storage rooms in the basement could provide additional income. One surface parking lot with power assigned to each suite. Refer to income statement under attached documents. Other Expenses of $22,683.00 Includes taxes of $16,083.00, Advertising of $3,000.00 and Caretaker Expenses of $3,600.00 (id:2493)More details
12 SUITE APARTMENT BUILDING. Featuring 11 (2) Bedroom suites (currently at $750/month) & 1 (1) Bedroom suite (Currently at $650/month) . Many upgrades to suites over the years, including NEW CARPET, NEW LINOLEUM, FRESH PAINT, NEW BATHS & more. Strong potential for stronger earnings, Vacant units available to see. Huge 125' lot with 20+ stalls for parking. Each unit has designated stall w/ power plug in. Fully tenanted brings in over $106,800.00/ year in GROSS REVENUE. Visit REALTORS® website for more details. (id:2493)More details
Listing information last updated on August 18, 2018 at 11:55 AM (UTC)
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