3821 50th St #101-304, Red Deer, AB T4N 1W1

Take a look at this 10 suite apartment building for sale in a convenient location. All units are tenant occupied, no vacancies. Each unit consists of 2 bedrooms, a 4pc. Bathroom, storage room, living room, kitchen and dining area. All units have sliding doors to the balconies which were all replaced in 2020. Units have a mix of vinyl plank flooring, carpet and/or linoleum. Many of the bathrooms have had some updates over the years. Overall, the units are spacious and in good condition. The upper floor units have vaulted ceilings. There is a large utility room/laundry room with one pair of washer/dryer for the building. There is also an underground floor unit that is unfinished but could have the potential to add an 11th suite. There is paved parking at the back. Current rents total $8956 per month. Ranging from $850 to 1072 per unit. Only one unit has been given a rent increase this year and mostly all other units can qualify for an increase in September of this year. New boiler in 2023.