3430 49 Avenue
Red Deer, Alberta
MLS® A2336874
$5,500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2336874
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2014
1 / 30Listing description
Walker House is a well-maintained 24-unit multifamily property located at 3430 49 Avenue in Red Deer, within walking distance of shopping, restaurants, transit, parks and trails. Built in 2016, the property consists of 18 two-bedroom units, 3 two-bedroom + den units and 3 one-bedroom units, with no suites located at or below ground level. Each suite features its own furnace, hot water tank, A/C, in-suite laundry, dishwasher, private balcony and separately metered gas and electricity paid by the tenant.
The building is serviced by an elevator and sprinkler system and includes 25 heated underground parking stalls plus 15 powered surface stalls. The property has been exceptionally well maintained with no significant outstanding capital improvements required and benefits from a stable, long-term tenant base. Current rents are below market, providing a purchaser with a strong opportunity to increase revenue and NOI within a newer, low-maintenance asset.
Property summary
- MLS® number
- A2336874
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 9,505 sq ft
- Land size
- 18406 square feet
- Built in
- 2014
- Annual property taxes
- $50,066.00
- Days on market
- 36 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
What would this home cost you?
Based on the $5,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Real Broker, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.