$ 650.000

24 Gilchrist Crescent, Red Deer

  • Living area: 2192 square feet
  • Added: 1 day ago
  • Updated: 1 days ago
  • Last Checked: 7 hours ago
Fully renovated 4plex with 3 bedroom, 1 bathroom units. Add this amazing investment to your portfolio and start seeing immediate returns. All four 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 2022. 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 April 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 28 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 24 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
  • Total Units: 4
  • Bedrooms Per Unit: 3
  • Bathrooms Per Unit: 1
  • Currently Rented: true
  • Tenants: 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
  • Renovation Status: Fully renovated
  • Flooring: Vinyl plank flooring
  • Paint: New paint
  • Cabinetry: Some new cabinetry
  • Light Fixtures: Some new light fixtures
  • Furnace: New furnace in one unit

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 24 Gilchrist Crescent

  • Lot Features: Back lane, No neighbours behind
  • Parking Total: 8
  • Parking Features: Parking Pad, Other
  • Roof: Shingles replaced in 2022
  • Parking: Type: Paved parking pad, Spaces per Unit: 2, Additional Parking: Street parking available out front

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Subdivision Name: Glendale Park Estates
  • Associated Property: Can be purchased with 28 Gilchrist next door

Business & Leasing InformationCheck business and leasing options available at 24 Gilchrist Crescent

  • Rents: Current Status: All units currently rented, Increase Availability: Units Available for Increase: 3, Next Increase Date: April 1, 2025

Property Management & AssociationFind out management and association details

  • Management: Easier maintenance and management due to side by side buildings

Utilities & SystemsReview utilities and system installations

  • Meters: Gas: Individual gas meters for each unit, Electrical: Individual electrical meters for each unit

Tax & Legal InformationGet tax and legal details applicable to 24 Gilchrist Crescent

  • Tax Lot: 26
  • Tax Year: 2024
  • Tax Block: 12
  • Parcel Number: 0011689569
  • 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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