REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 639,800
Est. payment /mo
Active
231 & 233 Kendrew Drive Red Deer, AB T4P3Z1
1,302 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1302
Square Footage 1,302 sqft
Price per Sqft $491
Subdivision Kingsgate
MLS® Listing ID A2353145
Style Bi-level
Year Built 2002
Lot Size 3,197 Sqft
Acres 3197.0
Property Sub-Type Freehold
Property Description
DOUBLE THE OPPORTUNITY! Discover the investment potential of this well-maintained, side-by-side bi-level duplex at 231 & 233 Kendrew Drive in Red Deer. Offering two separate residential units, established tenants and a combined rental income of $3,000 per month, this property presents an appealing opportunity for investors looking to add a complete duplex to their portfolio.Each side features a functional bi-level design with comfortable main-floor living spaces and additional lower-level accommodation. The two units offer approximately 1,302 sq. ft. of combined above-grade floor area, plus their respective lower levels. The property has benefited from attentive ownership and ongoing maintenance, including improvements to flooring, countertops and appliances in 233 Kendrew Drive.Both units are currently rented at $1,500 per month, with tenants responsible for utilities. Existing leases extend to July 1, 2027, for 233 Kendrew Drive and September 1, 2027, for 231 Kendrew Drive, providing an established rental arrangement for the incoming owner.Whether you're growing an existing investment portfolio or looking to acquire your first multi-unit property, this duplex offers the advantages of two income-producing residences in one investment. A practical property with established income, maintained interiors and flexibility for future ownership plans! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Flooring Laminate, Linoleum
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system
Architectural Style Bi-level
Others
Ownership Freehold
Listed by Century 21 Advantage
GET MORE INFORMATION
QUICK SEARCH