28 Gilchrist CRES new

Red Deer,AB T4P 2X6

$ 650000

- Bed

- Bath

2192 SqFt


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 $296

Subdivision Glendale Park Estates

MLS Listing ID A2179480

Style Bi-Level

Originating Board Central Alberta

Year Built 1982

Annual Tax Amount $5,072

Tax Year 2024

Property Description

Fully rented 4plex with 3 bedroom, 1 bathroom units and excellent tenants. Add this amazing investment to your portfolio and start seeing immediate returns. 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 July 1, 2025. Each unit has its own paved parking pad with room for 2 vehicles, and there's additional street parking available out front. Units have their own gas and electrical meters. 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

State 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

Inclusions Fridge x4, Stove x4, Washer/Dryer x4

Appliance Refrigerator,Stove(s),Washer/Dryer

Laundry In Basement,In Unit

Exterior

Garage Alley Access,Off Street,Parking Pad,Paved

Garage Description 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

Foundation Wood

Architectural Style Bi-Level

Level or Stories Bi-Level

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 91675200

Ownership Private

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