$1,090,000
1-9, 5963 60 a Street Red Deer, AB T4N6A4
15
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$1,090,000
Est. payment /mo
5,085 SqFt
Active
1-9, 5963 60 a Street Red Deer, AB T4N6A4
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,085 sqft
Price per Sqft $214
Subdivision Riverside Meadows
MLS® Listing ID A2164763
Originating Board Central Alberta REALTORS® Association
Year Built 1976
Lot Size 0.260 Acres
Acres 11326.0
Property Description
This fully rented 9-suite apartment building is an excellent investment opportunity, offering immediate cash flow and stable rental income. The building consists of eight spacious units, each with two bedrooms and a 4-piece bath, as well as one cozy 1-bedroom unit. Six of the units feature private balconies, adding extra appeal for tenants and boosting rental value. The location is highly desirable, with three schools—Fairview, GH Dawe, and Gateway School— close by making it ideal for families. Tenants will also benefit from the nearby bus stop and an abundance of local amenities within 5-10 minutes drive, including shopping, parks, and restaurants, ensuring convenience and a strong demand for the units. This property is a rare find, offering both stability and growth potential for the savvy investor. (id:24570)
Location
Province AB
Interior
Flooring Hardwood, Tile
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 9
Private Pool No
Building
Story 2
Others
Ownership Freehold
Listed by eXp Realty
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