Independent Calgary Brokerage
3930 55 Avenue Red Deer, Alberta T4N 4N4
7,680 sqft
$1,500,000
Bon Air Manor in West Park offers 12 two-bedroom suites with an opportunity to improve rental income. Offered at $1,500,000, or $125,000 per suite, this 3 floor, walk-up apartment building features generous sized 800 sq ft suites with balconies, shared laundry facilities and 12 on-site surface parking stalls with power.Improvements include renovations to three suites, balcony railing upgrades and replacement of approximately 40% of the windows. Current rents are well below market leaving room for future growth as suites are improved and rents increase over time. (id:67695)
Property Details
| MLS® Number | A2358454 |
| Property Type | Multi-family |
| Community Name | West Park |
| Parking Space Total | 12 |
| Plan | 223ai |
| Total Buildings | 1 |
Building
| Constructed Date | 1971 |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Size Exterior | 7680 Sqft |
| Size Interior | 7,680 Sqft |
| Total Finished Area | 7680 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 19748.00 |
| Size Total | 19748 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Size Total Text | 19748 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | R-d |
https://www.realtor.ca/real-estate/30514316/3930-55-avenue-red-deer-west-park
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