About 3518 48 Avenue
***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.
Features of 3518 48 Avenue
| MLS® # | A2201270 |
|---|---|
| Price | $725,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,978 |
| Acres | 0.13 |
| Year Built | 2001 |
| Type | Multi-Family |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 3518 48 Avenue |
|---|---|
| Subdivision | South Hill |
| City | Red Deer |
| County | Red Deer |
| Province | Alberta |
| Postal Code | T4N 3S3 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Stall, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Other |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Date Listed | March 11th, 2025 |
|---|---|
| Days on Market | 23 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Real Estate (Central) |
|---|