AB > Red Deer > Glendale Park Estates
Red Deer, AB T4P 2X6,28 Gilchrist CRES
Red Deer, AB T4P 2X6,28 Gilchrist CRES
Red Deer, AB T4P 2X6,28 Gilchrist CRES
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$625,000
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2,192 SqFt
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28 Gilchrist CRES Red Deer, AB T4P 2X6

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Lisa Kauffmann

Lisa Kauffmann

+1(403) 400-0023

UPDATED:

12/09/2024 09:00 PM

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,192 sqft

Price per Sqft $285

Subdivision Glendale Park Estates

MLS® Listing ID A2182200

Style Bi-Level

Year Built 1982

Property Description

Fully rented 4plex with 3 bedroom, 1 bathroom units and excellent tenants. Situated on a quiet crescent and backing on to a treed reserve with a playground, these units are also walking distance to multiple schools and great for families. Two units have been renovated with vinyl plank flooring throughout, paint, some new cabinetry and light fixtures, and there's a new furnace in one unit. Shingles replaced in 2019, and all new concrete sidewalks were poured 4 years ago. All units are currently rented with excellent tenants, and rents can be increased immediately on 3 suites, with the other available for an increase on June 1, 2025. Tenants are currently paying $1300, $1400, $1300 (all utils included) and one unit is $1100 and pays its own gas and electricity. Market rents on these units are currently $1300 with tenants paying own electricity and gas (each unit is separately metered) so rents can easily be increased. Each unit has its own paved parking pad with room for 2 vehicles, and there's additional street parking available out front. This property can be purchased with 24 Gilchrist next door for the simplicity of having side by side buildings to make for easier maintenance and management.

Location

Province AB

County Red Deer

Zoning RM

Rooms

Basement Finished, Full

Interior

Interior Features Ceiling Fan(s), Laminate Counters, Primary Downstairs, Separate Entrance, Storage

Heating Forced Air, Natural Gas

Appliance Refrigerator, Stove(s), Washer/Dryer

Laundry In Basement, In Unit

Exterior

Exterior Feature Private Entrance

Parking Features Alley Access, Off Street, Parking Pad, Paved

Fence None

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

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 8

Building

Lot Description Back Lane, Low Maintenance Landscape, Interior Lot, No Neighbours Behind

Dwelling Type Four Plex

Foundation Wood

Architectural Style Bi-Level

Level or Stories Bi-Level

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 91675200

Listed by RE/MAX real estate central alberta

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Lisa Kauffmann

Real Estate Associate

+1(403) 400-0023

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28 Gilchrist CRES