$ 650.000

28 Gilchrist Crescent, Red Deer

  • Living area: 2192 square feet
  • Added: 1 day ago
  • Updated: 10 hours ago
  • Last Checked: 2 hours ago
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. (id:1945)
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Property DetailsKey information about 28 Gilchrist Crescent

  • Heating: Forced air, Natural gas
  • Year Built: 1982
  • Structure Type: Multi-Family
  • Foundation Details: Wood
  • Architectural Style: Bi-level
  • Construction Materials: Wood frame
  • Type: 4plex
  • Units: 4
  • Bedrooms Per Unit: 3
  • Bathrooms Per Unit: 1
  • Tenancy: Fully rented
  • Tenant Quality: Excellent tenants

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Appliances: Refrigerator, Stove, Washer & Dryer
  • Living Area: 2192
  • Above Grade Finished Area: 2192
  • Above Grade Finished Area Units: square feet
  • Renovations: Units Renovated: 2, Flooring: Vinyl plank, Paint: New paint, Cabinetry: Some new cabinetry, Light Fixtures: Some new light fixtures
  • Furnace: New Furnace: 1 unit

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 28 Gilchrist Crescent

  • Lot Features: Back lane, No neighbours behind
  • Parking Total: 8
  • Parking Features: Parking Pad, Other
  • Roof: Shingles Replacement: 2019
  • Sidewalks: Concrete Sidewalks: Poured 4 years ago
  • Parking: Paved Parking Pads: Each unit has 2 vehicle capacity, Street Parking: Available out front

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Subdivision Name: Glendale Park Estates
  • Nearby Property: Can be purchased with 24 Gilchrist next door

Business & Leasing InformationCheck business and leasing options available at 28 Gilchrist Crescent

  • Current Rents: All units currently rented
  • Rent Increases: Immediately Available: 3 suites, Available on July 1, 2025: 1 suite

Property Management & AssociationFind out management and association details

  • Maintenance: Easier maintenance and management with side by side buildings

Utilities & SystemsReview utilities and system installations

  • Gas And Electrical Meters: Each unit has own meters

Tax & Legal InformationGet tax and legal details applicable to 28 Gilchrist Crescent

  • Tax Lot: 27
  • Tax Year: 2024
  • Tax Block: 12
  • Parcel Number: 0011689552
  • Tax Annual Amount: 5072.66
  • Zoning Description: RM
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More Details?
Andrew Russell
  • Andrew Russell
  • RE/MAX real estate central alberta
  • 403-391-1448
  • WebSite

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