Red Deer, AB T4P 2B8,23 Nordegg CRES
Red Deer, AB T4P 2B8,23 Nordegg CRES
Red Deer, AB T4P 2B8,23 Nordegg CRES
Red Deer, AB T4P 2B8,23 Nordegg CRES
Red Deer, AB T4P 2B8,23 Nordegg CRES
Red Deer, AB T4P 2B8,23 Nordegg CRES
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Jennifer Kadun

Jennifer Kadun

Elite Agent Alliance

+1(306) 830-5315
$ 650,000
Est. payment | /mo

2,080 SqFt


$ 650,000
Est. payment | /mo

2,080 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $312

Subdivision Normandeau

MLS® Listing ID A2201462

Style Bi-Level

Year Built 1981

Property Sub-Type 4 plex

Property Description

Nicely renovated 4plex in a quiet location. Nicely renovated and updated with new windows throughout, 4 newer furnaces, shingles (6-7 yrs old approx), and one suite was fully renovated in the last 6 months. One suite is largely original but in great condition, two other suites have been renovated and updated over the years. Building has always been easy to keep full and current tenants have been there long term. Current rents are $1000, $1050, $1050, and $1250 and can all be raised to market rent ($1500+) with 3 months notice to the tenants. Tenants all pay their own power and gas, landlord pays water/sewer/garbage. Lots of parking is available in the front and back. Building will provide well over 8% return once rents have been raised to market prices. This well cared for and well maintained building will make a great addition to any portfolio or a great starting point for anybody looking to invest in rental real estate!

Location

State AB

County Red Deer

Zoning R-M

Rooms

Basement Finished, Full

Interior

Interior Features Ceiling Fan(s), Closet Organizers, Laminate Counters, Separate Entrance, Storage

Heating Forced Air, Natural Gas

Flooring Carpet, Linoleum, Vinyl

Inclusions Fridge x3, Stove x3, Washer/Dryer x3

Appliance Refrigerator, Stove(s), Washer/Dryer

Laundry In Unit

Exterior

Exterior Feature Private Entrance

Parking Features Alley Access, Off Street, On Street, Stall

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 6

Building

Lot Description Back Lane, Interior Lot

Dwelling Type Four Plex

Foundation Wood

Architectural Style Bi-Level

Level or Stories Bi-Level

Structure Type Brick,Stucco,Wood Frame

Others

Restrictions None Known

Tax ID 91391484

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Listed by RE/MAX real estate central alberta
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23 Nordegg CRES