7148 Parke Ave. Red Deer, AB T4P1M9
Listing Courtesy of: CREA / Maxwell Polaris
$2,350,000
18,287
SQFT

  7148 Parke Ave. Red Deer, AB T4P1M9

Active

Description

INVESTOR ALERT! A nicely upgraded and appealing 2.5 storey wood-frame 18 unit apartment. Excellent suite mix of mainly two and three bedroom suites. Located just 1 block east of Gaetz Ave. in the northern quadrant of Red Deer. Very close to shopping and public transportation. Significant suite and common area upgrades, newer hot water tank, Duro-last roof replaced 2004, most decks repaired. Significant rent increases being served which will significantly increase cap rate and returns. Seller will entertain Agreement for Sale with $600K down subject to buyer qualification. An appealing buy for an astute investor! (id:41440)

MLS®:
E4324041
Lot Size
0.61 acres
Type
Multifamily
Year Built
1976
County
Red Deer County
Bathroom Details
Subdivision
  • Pines
Parking
  • Total: 18
Location
   
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 2/8/23 08:12