231 & 233 Kendrew Drive, Red Deer, AB T4P3Z1
231 & 233 Kendrew Drive, Red Deer, AB T4P3Z1
231 & 233 Kendrew Drive, Red Deer, AB T4P3Z1
231 & 233 Kendrew Drive, Red Deer, AB T4P3Z1
231 & 233 Kendrew Drive, Red Deer, AB T4P3Z1
231 & 233 Kendrew Drive, Red Deer, AB T4P3Z1
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$ 639,800
Est. payment | /mo

1,302 SqFt


$ 639,800
Est. payment | /mo

1,302 SqFt

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

Virtual Tour https://www.realestateshows.com/779235

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Listed by Century 21 Advantage

Nearby Locations

Afroz Shaik Realtor

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+1(825) 449-1679

ask@afrozshaik.com

1816 Crowchild Trail NW # 700, Calgary, T2M 3Y7, Canada

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231 & 233 Kendrew Drive