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3809-3813 50 Street, Red Deer, AB, T4N 1W1

MLS® # A2256418
Commercial For Sale In Eastview, Red Deer, Alberta
$1,375,000

None Beds

3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor With Facade
3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Deck Patio Veranda With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB -
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Dining Room
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor With Facade
3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Deck Patio Veranda With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB -
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Outdoor With Exterior
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Dining Room
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Laundry Room
3809-3813 50 Street, Red Deer, AB - Indoor
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bathroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Bedroom
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
3809-3813 50 Street, Red Deer, AB - Indoor Photo Showing Other Room
  • Advertising
3809-3813 50 Street, Red Deer, AB, T4N 1W1
$1,375,000

Property Information:

Attention Investors: Are you a seasoned investor or new to the market! Either way your not going to want to miss out on this opportunity. 2 very well maintained 2 bedroom 4 plex's units on 1 lot one title. Exceptionally well cared for and lots of renovations over the years. From the roofs to the siding to the interiors including kitchens, cabinets, flooring, paint, bathrooms, some, furnaces hot water tanks ( vary from unit to unit) all show well with good tenants in place on fixed and monthly leases wanting to stay. Could easily produce a 7% or greater cap rate while still maintaining lower than FMR. Great property if you want to self manage yourself with no large common areas or the associated costs other than small amount of grass to cut and little snow to shovel. Good convenient SE side location on the bus route. Plenty of parking with 1 powered stalls for each unit at the rear.. Currently grossing $110,000 a year with costs of approx $22,000. If your just starting out or adding to your portfolio this one will be well worth considering.

Inclusions: Shed

Property Features:

  • Built in: 1986
  • Construction Materials: Vinyl Siding, Wood Frame
  • Floor Space (approx): 3620.00 Square Feet
  • Foundation Details: Wood
  • Heating: Forced Air
  • Roof: Asphalt Shingle
  • Zoning: R-M

Courtesy of: RE/MAX real estate central alberta

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

7.69%

Price change (1 year)

33.69%

Price change (5 years)

All Properties

7.28%

Price change (1 year)

33.16%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 3809-3813 50 Street, Red Deer, AB, T4N 1W1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 3809-3813 50 Street , experiences 7 hot days per year at around 28.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 32.7 degrees Celsius.

Projected Avg. Temperature

Past
28.8℃
2050
32.7℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 3809-3813 50 Street , experiences 10 significant 2-day storms per year, with about 207mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 219.4mm of precipitation per year.

Precipitation Per Storm

Past
207mm
2050
219.4mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3809-3813 50 Street, Red Deer, AB, T4N 1W1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,849.37

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.85 %

High school certificate or equivalent

38.77 %

Apprenticeship trade certificate/diploma

10.66 %

College/non-university certificate

20.08 %

University Degree

10.64 %

Commuter

Travel To Work

By Car

87.88 %

By Public Transit

1.34 %

By Walking

7.15 %

By Bicycle

0.3 %

By Other Methods

3.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.02 %

Houses

78.98 %

Own Vs. Rent

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