Jasben & Felix Lai/Chan

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$ 325,000

$ 329,900 1.5%

Est. payment -/mo

Sold on 03/12/2024

4026 50A ST Red Deer, AB T4N1Y7

5 Beds

3 Baths

2,179 SqFt

UPDATED:

Key Details

Sold Price $325,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,179 sqft

Price per Sqft $149

Subdivision Michener Hill

MLS® Listing ID A2021652

Sold Date 03/12/24

Style 2 Storey

Bedrooms 5

Full Baths 3

Originating Board Central Alberta

Year Built 1952

Annual Tax Amount $2,654

Tax Year 2022

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Detached

Property Description

Have you been looking for a high return investment property to add to your port folio? This well maintained triplex is located in the quiet community of Michener Hill. There are 3 separate legal suites in this building priced at just $110,000 per unit. The upper unit is a cozy 2 bedroom(1 year lease in place) which rents for $925/ month. The main floor unit (recently renovated) rents for $900/month and the one bedroom basement suite rents for $850/month. The owner pays utilities and there's also a washer and dryer included. The windows, electrical and side was upgraded in 2016. All this is located on a 50 X 125 ft treed private lot with ample parking street side and in back as well. This triplex has been very well maintained. Viewing on the main floor only till an accepted offer is in place. Tenants rights apply.

Location

Province AB

County Red Deer

Zoning R2

Direction N

Rooms

Basement Finished, Full

Interior

Interior Features Ceiling Fan(s), Separate Entrance

Heating Forced Air

Cooling None

Flooring Carpet, Laminate, Linoleum

Appliance Electric Stove, Refrigerator, Washer/Dryer

Laundry Laundry Room

Exterior

Parking Features Parking Pad

Garage Description Parking Pad

Fence Fenced

Community Features Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Other

Lot Frontage 50.0

Total Parking Spaces 5

Building

Lot Description Back Lane, Back Yard, Few Trees, Landscaped, Many Trees, Rectangular Lot

Foundation Poured Concrete

Architectural Style 2 Storey

Level or Stories Two

Structure Type Concrete,Stucco

Others

Restrictions None Known

Tax ID 75184207

Ownership Assign. Of Contract,Private

Listed by Sutton Landmark Realty