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5911 55 AVE Red Deer, AB T4N 4N8
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Key Details
Sold Price $526,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $268
Subdivision Riverside Meadows
MLS® Listing ID A2078558
Sold Date 02/08/24
Originating Board Central Alberta
Year Built 1978
Annual Tax Amount $5,348
Tax Year 2023
Lot Size 7,920 Sqft
Acres 0.18
Property Description
NEW Proforma Cash flow increase! The owner is increasing the rents to $1150 + $1250 for the upper units & $1050 + $1000 for the lower units.This 4 plex is great for any investor looking for an income generating property in a Fantastic location near downtown Red Deer, Shopping, Restaurants, Parks and more! All units are 3 bedroom units, one level each with 2 units upstairs and 2 units down. Each have their own laundry. Laminate flooring in each of the units. Separate gas meters, electric meters, furnaces and how water tanks for each unit.
Location
Province AB
County Red Deer
Zoning R2
Interior
Heating Forced Air, Natural Gas
Cooling None
Appliance See Remarks
Exterior
Garage Off Street, Stall
Garage Description Off Street, Stall
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 66.0
Parking Type Off Street, Stall
Total Parking Spaces 6
Building
Foundation See Remarks
Structure Type Brick,Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 83317974
Ownership Private
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