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4911 55 St Red Deer, AB T4N 2J3
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Key Details
Sold Price $645,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Red Deer
MLS® Listing ID A2076257
Sold Date 11/24/23
Originating Board Central Alberta
Year Built 1977
Annual Tax Amount $5,616
Tax Year 2023
Property Description
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.
Location
Province AB
County Red Deer
Zoning C1
Interior
Heating Boiler, Natural Gas
Exterior
Roof Type Asphalt Shingle,Flat,Membrane
Lot Frontage 90.0
Total Parking Spaces 6
Building
Lot Description Back Lane
Foundation Poured Concrete
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 83343185
Ownership Private
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