REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,500,000
Est. payment /mo
Active
3430 49 AVE Red Deer, AB T4N 3W2
0.42 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision South Hill
MLS® Listing ID A2336874
Year Built 2014
Annual Tax Amount $50,066
Tax Year 2026
Lot Size 0.423 Acres
Acres 0.42
Property Sub-Type Multi Family
Source Calgary
Property 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.
Location
Province AB
County Red Deer
Zoning R-M
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Inclusions 24 - Fridges, Dishwashers, Washers, Dryers, Microwave Hood Fans, Electric Stoves, A/C Units. Security System with Cameras.
Exterior
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete
Others
Restrictions None Known
Tax ID 113518187
Ownership Private
Listed by Real Broker
Nearby Locations