$1,360,000
1-16, 4750 55 Street Red Deer, AB T4N2J1
20
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$1,360,000
Est. payment /mo
7,342 SqFt
New
1-16, 4750 55 Street Red Deer, AB T4N2J1
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,342 sqft
Price per Sqft $185
Subdivision Waskasoo
MLS® Listing ID A2179270
Style Low rise
Originating Board Central Alberta REALTORS® Association
Year Built 1963
Lot Size 10,000 Sqft
Acres 10000.0
Property Description
If you’re looking for an income generating property with potential for further growth- this is it! 15 suite apartment building currently sitting at 73% occupancy. This building consists of 13 - 1 bedroom + 1 bath suites and 2 bachelor + 1 bath suites. 4 units are vacant. Some of the units have been updated with newer flooring. Boiler has also been replaced. New hot water heater. Building has a zero lot line and a parking stall with 19 spaces. Current gross income is at $10,320 with room for growth. Several long term tenants. Property is being sold as-is. (id:24570)
Location
Province AB
Interior
Heating Baseboard heaters, Hot Water
Cooling None
Flooring Carpeted, Linoleum, Vinyl Plank
Exterior
Garage No
Fence Not fenced
Waterfront No
View Y/N No
Total Parking Spaces 19
Private Pool No
Building
Story 4
Sewer Municipal sewage system
Architectural Style Low rise
Others
Ownership Freehold
Listed by Century 21 Maximum
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