231 & 233 Kendrew DR, Red Deer, AB T4P 3Z1
231 & 233 Kendrew DR, Red Deer, AB T4P 3Z1
231 & 233 Kendrew DR, Red Deer, AB T4P 3Z1
231 & 233 Kendrew DR, Red Deer, AB T4P 3Z1
231 & 233 Kendrew DR, Red Deer, AB T4P 3Z1
231 & 233 Kendrew DR, Red Deer, AB T4P 3Z1
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$ 639,800
Est. payment | /mo

1,302 SqFt


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$ 639,800
Est. payment | /mo
Save

1,302 SqFt

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1302.0

Square Footage 1,302 sqft

Price per Sqft $491

Subdivision Kingsgate

MLS Listing ID A2353145

Style Attached-Side by Side,Bi-Level

Year Built 2002

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 27.00X104.00

Property Sub-Type Full Duplex

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!

Location

Province AB

County 0262

Community Park

Zoning R-D

Rooms

Basement Finished

Interior

Heating Forced Air, Natural Gas

Flooring Laminate, Linoleum

Inclusions window coverings

Fireplace No

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Exterior

Parking Features Off Street

Community Features Park

Water Access Desc Public

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 4

Garage No

Building

Lot Description Landscaped, Standard Shaped Lot

Dwelling Type Duplex

Story Bi-Level

Sewer Sewer

Water Public

Architectural Style Attached-Side by Side, Bi-Level

Level or Stories Bi-Level

New Construction No

Others

Restrictions Noise Restriction

Listed by Century 21 Advantage

Nearby Locations

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231 & 233 Kendrew DR