For sale

5906 60 Street, Red Deer, Alberta T4N 2P8

MLS® # A2302014

Price:

$677,000

Description

Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio. (id:51913)


Property Details

  Multi-Family
 1701 sqft

Key Details

STATUS
For sale
TYPE
Multi-Family
BUILT IN
1976
PARKING SPACES
4

Property Features

  • MLS® Number A2302014
  • Price $677,000
  • Square Footage: 1701 sqft
  • Property Type: Multi-Family
  • Community Name: Riverside Meadows
  • ParkingSpaceTotal 4
  • Plan 8079af

Buildings

ArchitecturalStyle Bi-level ConstructedDate 1976
SizeInterior 1701 Sqft TotalFinishedArea 1701 Sqft
Type Multi-family

Land

Acreage No SizeIrregular 10400.00
SizeTotal 10400 Sqft|7,251 - 10,889 Sqft SizeTotalText 10400 Sqft|7,251 - 10,889 Sqft
ZoningDescription R-l

Agents and Offices

  • Nabil Noorani
  • Office: Real Broker
Address
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