$3,780,000
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3815 51A Street, Red Deer, AB T4P1H4

- Beds
0 Baths
11,704 Sq Ft

Well maintained 3-storey 24 suite apartment building located in a desirable and convenient location across from the Michener Recreational Center. All Tenants are on 1-year leases with various expiry dates except for 2 long-term Tenants and 1 vacant 2-bedroom suite to be fully renovated. There are five 2-bedroom suites, eighteen 1-bedroom suites and 1 bachelor suite. Each of the 1 and 2-bedroom units have a storage room, living room, entrance/hallway closet, 4-piece bathroom, kitchen and dinning area. All 2nd and 3rd floor units have a sliding door to a balcony. Over the past 7 years complete renovations including vinyl plank flooring, all new appliances including the addition of dishwashers, painting, new bathroom and kitchen cabinets and counter tops, room and closet doors, all moldings and casings, electrical fixtures and plumbing fixtures have been completed to two of the 2-bedrooms, fourteen of the 1-bedrooms and the bachelor suite. A 2-bedroom apartment will be vacated and full renovations started October 1, 2024. Partial renovations have been made to two of the 2-bedrooms and three of the 1-bedroom suites. There are two units left to renovate, which will provide a potential increase in rental revenue for the building. Additional renovations and updates to the common hallways and stairwells include new carpet/flooring, painting, reflective window film, LED lighting, new make-up air unit with air conditioning and a video security system with cameras at all entrances/exits, parking lot, the common hallways and stairwells. There is a common laundry room on the 1st/ground floor with 2 new token operated washers and gas dryers. Parking lot is paved and each suite has its own designated parking spot. There are 9 visitor parking spots as well as lots of available street parking. There is a live-in caretaker who looks after cleaning common hallways and stairwells, lawn cutting and snow removal and is remunerated with a rent reduction of $450.00. (id:55598)

  • MLS® A2168228
  • Date Listed09/30/2024
  • Days on Realty 75 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Michener Hill
  • Year Built 1976
  • Square Feet 11,704 sq. ft
  • Price Per Sq. Ft $322.97

Interior Features

  • Heating Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in AB / T4P1H4

Source: Walkscore

55/100

Somewhat Walkable

Walk Score ®

38/100

Some Transit

Transit Score ®

50/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

29 nearby routes: 29 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 31/100, Bike Score: 47/100.

Points of interest near 3815 51A Street, Red Deer, AB T4P1H4

Frequently Asked Questions for 3815 51A Street

Source: Realty.com

3815 51A Street, Red Deer, AB T4P1H4 is a Multi Family, Residential Income property listed for $3,780,000 The property is 11704 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 8 photos of 3815 51A Street.

Our records indicate that 3815 51A Street was built in 1976.

The full address for this home is 3815 51A Street, Red Deer, AB T4P1H4.

3815 51A Street has been listed on Realty.com since Mon September 30, 2024

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 31/100, Bike Score: 47/100.

Listing provided courtesy of: Century 21 Maximum (tel: (587) 272-0221)
Listing agent: Bill Hogg (tel: (403) 872-3670)

This content last refreshed on 2024-12-14 08:34:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 3815 51A Street, Red Deer, AB T4P1H4 : MLS® A2168228