Neighborhood Info
Multi-Family in Castor
-Cherry Building- FULLY RENTED!$48,420 in anticipated rent. No better time in history to invest. Interest rates are sooo low! This 7-unit residential apartment building has had over $100,000 WORTH OF QUALITY IMPROVEMENTS JUST COMPLETED! No stress for you. 6.1% Cap Rate. Great location close to school, downtown, green space. Includes the extra lot to the south. Great for expansion or extra parking. There are 4-two bedroom apartments and 3-one bedroom apartments. (4) 2 bedrooms and (1) 1 bed room. All on one year leases except 1. Tenants pay their own electric. LIVE IN PROPERTY MANAGER already in place. It's a great property isn't it! Shouldn't it be yours?
Courtesy Of Realty Executives Alberta Elite
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23000.00 Sq Ft Lot
Main Features
- Listing Status: Active
- Year Built: 1959
- County: Paintearth
- Taxes: $3,636.69
- Tax Year: 2018
- Units: 7
- Zoning: R2
- MLS® Number:CA0157759
Neighborhood info courtesy of Homes.com © 2019
4440 - 49th Avenue
Red Deer
AB
T4N 3W6