Courtesy Of RCR - Royal Carpet Realty Ltd.
INVESTORS! This well kept 6-plex in Eastview subdivision (south Red Deer) is fully rented, located on an large 75x125 ft, lot (approx.) ! A great suite mix with 5 two bedroom units and one 1 bedroom unit. The tenants pay their own power, each suite is separately metered. The exterior of the building has been upgraded since built and is finished in vinyl siding with vinyl windows and a pitched asphalt shingle roof. The suites have undergone various degrees of renovations over the years. All units are accessed from the exterior of the building, upper units having balconies. There is a paved parking pad in the rear with energized stalls. The two bedroom suites rents range from $700-$875 and the one bedroom rents for $500. There is currently a mortgage in place that the buyer must assume with qualifying. Approximate balance is $400,000 at 3.66% interest, P.I. payments $2350/month, tax $539.28/month. This is a CMHC insured mortgage with First National who may be allow the buyer to blend and and increase the mortgage if lower down payment required.
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