LOADING

$1,360,000

1-16, 4750 55 Street, Red Deer, Alberta T4N 2J1 (27677146)

7342.25 sqft

Low Rise None Baseboard Heaters, Hot Water

1-16, 4750 55 Street

Red Deer, Alberta T4N2J1

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. New hot water tank. 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. (id:50955)

Virtual Tour

Property Details

MLS® Number	A2179270
Property Type	Multi-family
Community Name	Waskasoo
AmenitiesNearBy	Park, Schools, Shopping
Features	Back Lane, Parking
ParkingSpaceTotal	19
Plan	K1
TotalBuildings	1

Building

Appliances	Washer, Refrigerator, Stove, Dryer
ArchitecturalStyle	Low Rise
ConstructedDate	1963
ConstructionStyleAttachment	Attached
CoolingType	None
FlooringType	Carpeted, Linoleum, Vinyl Plank
HeatingType	Baseboard Heaters, Hot Water
StoriesTotal	4
SizeInterior	7342.25 Sqft
TotalFinishedArea	7342.25 Sqft
Type	Apartment
UtilityWater	Municipal Water

Land

Acreage	No
FenceType	Not Fenced
LandAmenities	Park, Schools, Shopping
Sewer	Municipal Sewage System
SizeIrregular	10000.00
SizeTotal	10000 Sqft\|7,251 - 10,889 Sqft
SizeTotalText	10000 Sqft\|7,251 - 10,889 Sqft
ZoningDescription	R3

Utilities

Cable	Available
Electricity	Connected
Telephone	Available
Sewer	Connected
Water	Connected

Aerial

Taylor Mitchell

Realtor®

Jessica Puddicombe

Owner/Realtor®

Listing Courtesy of:

Melissa Morin
Associate

(403) 318-5665
melissamorinrealestate.com/
facebook.com/sellinghomesinreddeer

Century 21 Maximum
3617f - 50 Avenue
Red Deer, Alberta T4N 3Y5

(587) 272-0221
century21maximum.ca/