***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.
Property Type:
Multi-Family
Property Sub Type:
Triplex
Transaction Type:
For Sale
Total Living Area:
1,978 sq. ft.184 m2
Lot Area:
5,850 sq. ft.543 m2
Levels:
Two
Year built:
2001
(Age: 24)
Bathrooms:
-
(Full:-, Half:-)
Plan:
8324ET
New Constr.:
No
Structure Type:
Triplex
Ensuite:
No
Garage:
0
Parking:
Paved, Stall
Parking Places:
6
Parking Total/Covered:
6 /
-
South Hill (Red Deer)
Other
3 x Refrigerators, 3 x Stoves, 3 x Dishwashers, 3 x Washers, 3 x Dryers, 3 Storage Sheds, All Window Coverings
Data was last updated April 5, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$832,000
Min list price:
$630,000
Max list price:
$3,780,000
Avg days on market:
56
Min days on market:
11
Max days on market:
208
Avg price per sq.ft.:
$311.33
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.