Red Deer, AB T4N 2J3,4911 55 St
Red Deer, AB T4N 2J3,4911 55 St
Red Deer, AB T4N 2J3,4911 55 St
Red Deer, AB T4N 2J3,4911 55 St
Red Deer, AB T4N 2J3,4911 55 St
Red Deer, AB T4N 2J3,4911 55 St
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$645,000

$699,900

7.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 11/24/2023

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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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


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