28 Gilchrist Crescent, Red Deer

$650,000

0 Beds
0 Baths
2,192 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #A2179480
Price$650,000
Bathrooms0.00
Square Footage2,192
Acres0.00
Year Built1982
TypeMulti-Family
Sub-Type4 plex
StyleBi-Level
StatusActive
Community Information
Address28 Gilchrist Crescent
SubdivisionGlendale Park Estates
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4P 2X6
Amenities
Parking Spaces8
Parking

Alley Access, Off Street, Parking Pad, Paved

Interior
HeatingForced Air, Natural Gas
Has BasementYes
BasementFinished, Full
Interior Features

Ceiling Fan(s), Laminate Counters, Master Downstairs, Separate Entrance, Storage

Appliances

Refrigerator, Stove(s), Washer/Dryer

Exterior
Exterior FeaturesPrivate Entrance
RoofAsphalt Shingle
ConstructionWood Frame
FoundationWood
Lot Description

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

Additional Information
ZoningRM
Office

RE/MAX real estate central alberta

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