Courtesy Of Coldwell Banker Ontrack Realty

1,2,3,4, 35 Nyberg Avenue, Red Deer

$499,000

0 Baths
501 Sqft
0 Acres

Investors take note! This 4 plex has long term tenants in place and backs onto the City of Red Deer Community Gardens - no neighbors to the back! Close to shopping, schools and recreation! Each unit features an upper level living room, kitchen, dining area, 2 piece bathroom and balcony. The lower level has 2 bedrooms, 4 piece bathroom, laundry room and storage. There is 4 parking stalls at the rear of the building each with their own plug in. Property interior was extensively renovated in 2007 with kitchen cabinets, bathrooms, paint and flooring. The roof was done in 2014. All 4 units are currently rented, only one unit will be shown at a time (until time of offer), 24 hours notice must be provided. All long term tenants would like to stay. Self governing condo corporation with very little to provide for documentation - condo corp to be dissolved upon possession. Condo fee is $220 per month paid by owners that includes water, sewer, garbage, yard maintenance and building insurance. Total current rent is $3580, tenants pay power, heat and internet. Total current rent is $3580, tenants pay power, heat and internet. Rent increase scheduled for Feb 2023 will put total rent at $3905.

Essential Information
MLS® #A1223642
Price$499,000
Bathrooms0.00
Square Footage501
Acres0.00
Year Built1978
TypeMulti-Family
Sub-Type4 plex
StyleBi-Level
StatusActive
Community Information
Address1,2,3,4, 35 Nyberg Avenue
SubdivisionNormandeau
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4P 1R5
Amenities
Parking Spaces4
Parking

Additional Parking, Alley Access, Off Street, Plug-In, Stall

Interior
AppliancesOther
Has BasementYes
BasementFinished, Full
Exterior
Exterior FeaturesOther
RoofAsphalt Shingle
FoundationPoured Concrete
Additional Information
Date ListedJune 2nd, 2022
Days on Market182
ZoningR2
Listing Details
Office

Courtesy Of Coldwell Banker Ontrack Realty

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