4911 55 St Red Deer, Alberta T4N 2J3

2877.25 sqft


Excellent investment opportunity in this fully rented 6-plex in the heart of Red Deer. The ground level features 2-large, 2 bedroom units with walk out patios and dens. The upper levels have 1 bedroom loft units with spiral staircases, open concept living areas, 1.5 baths and individual private decks. Unit and common area updates include lighting, kitchens and baths, flooring and some windows and doors. Both the boiler and hot water tank are in excellent condition making this investment a turn key. Rental income is $6520.00 monthly with the last unit being increased on October 1. (id:33281)

Property Details

MLS® Number A2076257
Property Type Multi-family
Community Name Downtown Red Deer
Features Back Lane
Parking Space Total 6
Plan 0820254


Constructed Date 1977
Construction Material Wood Frame
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Size Exterior 2877.25 Sqft
Size Interior 2877.25 Sqft
Total Finished Area 2877.25 Sqft
Type Multi-family


Acreage No
Size Depth 54.86 M
Size Frontage 27.43 M
Size Total Text Unknown
Zoning Description C1


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