Multi-Family
Year Built: 1976
Area: 1701 sqft
Car Parking: 4
5906 60 Street Red Deer, Alberta T4N 2P8
$685,000
Description
Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio. (id:51913)
Property Details
| Parking Space Total : 4 |
| Plan : 8079af |
| MLS® Number : A2302014 |
| Property Type : Multi-family |
| Community Name : Riverside Meadows |
Building
| Architectural Style : Bi-level |
| Constructed Date : 1976 |
| Size Interior : 1701 Sqft |
| Total Finished Area : 1701 Sqft |
| Type : Multi-family |
Land
| Size Total : 10400 Sqft|7,251 - 10,889 Sqft |
| Size Total Text : 10400 Sqft|7,251 - 10,889 Sqft |
| Acreage : No |
| Size Irregular : 10400.00 |
| Zoning Description : R-l |
Map
Agents and Offices
- Nabil Noorani
- Office: Real Broker
