5617 60 Av, Red Deer, Alberta T4N 4W2 (27619820)
5617 60 Av Red Deer, Alberta T4N 4W2
$1,470,000
An exceptional investment opportunity with this twelve unit, fully rented apartment complex in a prime location near the Red Deer River. With ample stall parking on site, this building is perfectly positioned for renters. The Raventhorpe is in a quiet neighbourhood and yet offers convenient proximity to essential amenities, including the nearby mall and bus stops. Just a short walk to Bower Ponds, residents enjoy immediate access to the city’s extensive network of walking and biking paths. This property includes 3 one bed/one bath units and 9 two bed/one bath units, is fully rented and there is potential to increase rents. Almost half of the suites have been renovated and for buyers looking for an additional advantage, this building has been condominiumized with all 12 suites individually titled allowing an investor to hold the building as a long term investment or sell suites individually . (id:50955)
Property Details
| MLS® Number | E4412750 |
| Property Type | Multi-family |
| Neigbourhood | Riverside Meadows |
| Parking Space Total | 12 |
Building
| Constructed Date | 1973 |
| Size Interior | 4,044 Ft2 |
Land
| Acreage | No |
| Size Irregular | 17124 |
| Size Total | 17124 Sqft |
| Size Total Text | 17124 Sqft |
https://www.realtor.ca/real-estate/27619820/5617-60-av-red-deer-riverside-meadows
10665 Jasper Ave Nw
Edmonton, Alberta T5J 3S9
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December 18 2024 03:32:52
REALTORS® Association of Edmonton
Sotheby's International Realty Canada