Unique Investment opportunity. Southside condo'd 4 plex. All units are 3 bed, one bath, two storey with 2 powered parking stalls each and the full appliance package including washers and dryers. Condo fees are currently $290.31 monthly per unit. Fee includes building insurance, reserve fund contributions, common area maintenance, exterior building maintenance and garbage/recycle. Tenants pay their own water, heat and power bills. This well built property had major reno's in 2007 including vinyl windows, vinyl siding, shingles, furnaces and new kitchens. All electric panels have been updated in the past 3 years. There is NO carpet, just original hardwood and vinyl tile. Each unit has a south facing backyard and patio with a garden shed for storage. Two of the 4 tenants have been there 8 and 10 years. All tenants want to stay. All rents reflect current market conditions. Each unit has a unit factor of 148. The condo corporation is professionally managed and is in good condition. (id:51013)
| MLS® Number | A2104383 |
| Property Type | Multi-family |
| Community Name | Morrisroe |
| Amenities Near By | Playground |
| Features | Pvc Window |
| Parking Space Total | 8 |
| Plan | 9120144 |
| Structure | Shed |
| Appliances | Refrigerator, Range - Electric, Dishwasher, Microwave Range Hood Combo, Window Coverings, Washer & Dryer |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1962 |
| Construction Material | Poured Concrete |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete, Vinyl Siding, Wood Siding |
| Flooring Type | Hardwood, Vinyl |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,876 Ft2 |
| Total Finished Area | 3876 Sqft |
| Type | Multi-family |
| Other |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Playground |
| Size Total Text | Unknown |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/26460296/1101-1102-1103-1104-3907-39-street-red-deer-morrisroe
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Richard Pochylko
Associate Broker
(403) 346-0021
century21advantage.ca
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