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3502-3504-3508 3500 48 Avenue
South Hill (Red Deer) Red Deer T4N 3S3

$819,600
Residential beds: 2 baths: 2.0 2,114 sq. ft. built: 1994

Main Photo: 3502-3504-3508 3500 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2158142
Photo 1: 3502-3504-3508 3500 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2158142
Photo 2: 3502-3504-3508 3500 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2158142
Photo 3: 3502-3504-3508 3500 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2158142
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Photo 39: 3502-3504-3508 3500 48 Avenue: Red Deer Row/Townhouse for sale : MLS®# A2158142
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2158142
Bedrooms:
2
Bathrooms:
2
Year Built:
1994
A great start or addition to your investment portfolio, 4 individually titled townhouse condominiums. Rare to find such an attractive unique complex that has a great location on the south side across from the park and trail system with a view from every unit. Complex sits on 11,600 Sq ft lot with fenced off street paved parking with 2 stalls for each unit. Well maintained, upgraded vinyl fencing, upgraded decks and aluminum railings. New shingled installed 2024. Each unit offers open kitchen and dining area and 2 Pc bath on the main, lower level has 2 bedrooms, storage room, 4 Pc bath room and mechanical room, approx. 977 Sq ft finished per unit. Has great potential to generate 70,,000 per yr gross income and produce an attractive cap rate, and even greater if you want to maintain yourself. Each unit has individual billing for gas and power. Water sewer and garbage are billed to the complex. Note these are presently mainly owner occupied, no rent roll.
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Conventional
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
No
Home Style:
Bi-Level
Total Living Area:
2,114 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
2,245 sq. ft.
Taxes:
Tax Assessed Value:
Condo Fee:
$340.00
Condo Fee Includes:
Common Area Maintenance, Insurance, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
West
Reg. Size:
Reg. Size Includes:
Entry Level:
1
Stories Total:
1
Levels:
One
End Unit:
2+ Common Walls
Total Rooms Above Grade:
3
Year built:
1994 (Age: 30)
Bedrooms:
2 (Above Grd: 0)
Bedrooms Above Grade:
0
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:1, Half:1)
Plan:
NA
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Wood
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Five Plus
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum, Vinyl
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
8.0
Parking Total/Covered:
8 / -
Laundry Features:
In Basement
Condo Fee Frequency:
Monthly
Z-name Not Listed
South Hill (Red Deer)
Parking
Dishwasher, Refrigerator, Stove(s), Washer/Dryer
N/A
Call Lister
Yes
Floor
Type
Size
Other
Main Floor
Dinette
8'11" × 8'4"
Main Floor
Kitchen
10'6" × 10'3"
Main Floor
Living Room
15'7" × 12'2"
Lower Level
Bedroom
11'5" × 8'10"
Lower Level
Bedroom - Primary
12'10" × 9'6"
Floor
Ensuite
Pieces
Other
Main Floor
No
2
4'11" x 5'9"
Lower Level
No
4
4'11" x 7'6"
Title to Land:
Fee Simple
Community Features:
Walking/Bike Paths
Interior Features:
Sump Pump(s)
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Fruit Trees/Shrub(s), Landscaped, Paved, Views
Num. of Parcels:
0
Outbuildings:
Shed
Fencing:
Fenced
Region:
Red Deer
Zoning:
R2
Listed Date:
Aug 15, 2024
Days on Mkt:
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Listed by RE/MAX real estate central alberta
Data was last updated November 22, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
207
Avg list price:
$469,900
Min list price:
$84,900
Max list price:
$2,200,000
Avg days on market:
36
Min days on market:
1
Max days on market:
305
Avg price per sq.ft.:
$340.53
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.