Red Deer, AB T4N 2J7,5621 55 ST
Red Deer, AB T4N 2J7,5621 55 ST
Red Deer, AB T4N 2J7,5621 55 ST
Red Deer, AB T4N 2J7,5621 55 ST
Red Deer, AB T4N 2J7,5621 55 ST
Red Deer, AB T4N 2J7,5621 55 ST
See all 23 photos

$280,000

$294,900

5.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

3 Baths

1,014 SqFt


SOLD DATE : 05/31/2023

Key Details

Sold Price $280,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,014 sqft

Price per Sqft $276

Subdivision Riverside Meadows

MLS® Listing ID A2036982

Sold Date 05/31/23

Style Bi-Level

Bedrooms 6

Full Baths 3

Originating Board Central Alberta

Year Built 1963

Annual Tax Amount $2,088

Tax Year 2022

Lot Size 9,249 Sqft

Acres 0.21

Property Description

This fully rented 6 bedroom legally suited investment property is an excellent turnkey opportunity that's currently professionally managed. Tenants are in place who would like to stay. Located centrally in South Riverside Meadows steps away from the local elementary school and park, the beautiful trails for walking and biking and a short distance from downtown. Seller states the property has been easy to rent and remained vacancy free for years. With separate entrances and separate laundry there is less chance of tenant conflict. Both suites are 3 bedrooms, a unique find. The upper suite has a full bathroom - the lower suite uniquely has both a 3 piece and a full bathroom. Some windows have been changed. No parking worries as there is a single attached garage with a long paved driveway + off street parking behind. The yard is large 60 X 179 and offers nice privacy with large trees and no properties behind. Great CAP rate as Tenants pay $1360 for upper level (effective May 1, 2023) and $995 for lower level. Both tenants are now month to month. The landlord pays the utilities. In 2022 Heating costs were $2711.84 Power costs were $1,666.42 and City Water and Sewer costs were $1977.54 giving an average monthly utility cost of $529.62

Location

Province AB

County Red Deer

Zoning R1A

Direction N

Rooms

Basement Full, Suite

Interior

Interior Features Ceiling Fan(s)

Heating Mid Efficiency, Forced Air

Cooling None

Flooring Carpet, Laminate

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer, Washer/Dryer Stacked, Window Coverings

Laundry In Basement, Main Level

Exterior

Garage Off Street, Single Garage Attached

Garage Spaces 1.0

Garage Description Off Street, Single Garage Attached

Fence Partial

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch None

Lot Frontage 60.0

Parking Type Off Street, Single Garage Attached

Total Parking Spaces 3

Building

Lot Description No Neighbours Behind, Landscaped, Treed

Foundation Block

Architectural Style Bi-Level

Level or Stories Bi-Level

Structure Type Stucco,Wood Frame

Others

Restrictions None Known

Tax ID 75137686

Ownership Private

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

+1(403) 585-6908

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Century 21 Maximum
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Free Account Required