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3518 48 AVE Red Deer, AB T4N 3S3
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Key Details
Sold Price $710,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,978 sqft
Price per Sqft $358
Subdivision South Hill
MLS® Listing ID A2201270
Sold Date 04/26/25
Originating Board Calgary
Year Built 2001
Tax Year 2024
Lot Size 5,850 Sqft
Acres 0.13
Property Sub-Type Triplex
Property Description
***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. BUYERS DID NOT WAIVE FINANCING.
Location
Province AB
County Red Deer
Zoning R2
Interior
Appliance Other
Exterior
Parking Features Paved, Stall
Garage Description Paved, Stall
Total Parking Spaces 6
Building
Level or Stories Two
Others
Restrictions None Known
Tax ID 91068748
Ownership Private
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