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+15875787653
Cody Tritter
3930 55 Avenue, Red Deer, Alberta T4N 4N4
- $1,500,000
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS® #
- A2358454
- Days on Market
- 1
- Year Built
- 1971
- Area
- Red Deer
- Community
- West Park
- Building Name
- Bon Air
Property Description
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.
Additional Information
- Heating
- Boiler, Natural Gas
- Roof
- Asphalt Shingle
- Parking Spaces
- 12
- Acres
- 0.45
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Courtesy of RE/MAX real estate central alberta.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .