4750 55 Street 1-16 Red Deer, AB T4N 2J1
Listing Courtesy of: PILLAR 9 - IDX / Century 21 Maximum / Melissa Morin

  4750 55 Street 1-16 Red Deer, AB T4N 2J1

Active (2 Days)
$1,360,000
7,342
SQFT
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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.

MLS®:
A2179270
Lot Size
10,000 SQFT
Type
Multifamily
Year Built
1963
Style
Low-Rise(1-4)
County
Red Deer County

Listed By

Melissa Morin, Century 21 Maximum
Source
PILLAR 9 - IDX
Last checked Nov 24 2024 at 10:45 AM MST
Bathroom Details
Interior Features
  • Laundry/Utility Room : In Basement
  • Appliances : Washer
  • Appliances : Stove(s)
  • Appliances : Refrigerator
  • Appliances : Dryer
Subdivision
  • Waskasoo
Lot Information
  • Near Public Transit
  • Street Lighting
  • Near Shopping Center
  • Back Lane
Property Features
  • Fireplace: Total Fireplace(s) : 0
Heating and Cooling
  • Hot Water
  • None
Flooring
  • Vinyl Plank
  • Linoleum
  • Carpet
Utility Information
  • Utilities: Water Connected, Sewer Connected, Phone Available, Electricity Connected, Cable Available
  • Sewer: Public Sewer
Parking
  • Stall
  • Parking Space(s) : 19
Living Area
  • 7,342 sqft
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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3617F 50 Ave, Red Deer, AB T4N3Y5

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