Ruttan Real Estate

Samantha Ruttan REALTOR®

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3518 48 Avenue, Red Deer, Alberta

$750,000

1,978 Square Feet

***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. (id:23309)

Listing ID: A2197113
Property Type: Multi-family
Year Built: 2001

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Details

Ownership: Freehold
Parking Spaces: 6
Plan: 8324ET
Transaction: For sale
Zoning Description: R2

Building

Constructed Date: 2001
Fireplace Present: False
Size Exterior: 1978 sqft
Size Interior: 1978 sqft
Total Finished Area: 1978 sqft
Type: Multi-Family

Land

Size Frontage: 39.6 m
Size Irregular: 543.31
Size Total: 543.31 m2|4,051 - 7,250 sqft

Listing provided by RE/MAX Real Estate (Central)
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 3518 48 Avenue in Red Deer Ontario. It was last modified on February 28th, 2025. Contact Samantha Ruttan to schedule a viewing or to discover other Red Deer real estate for sale.

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