7 Nyberg Avenue, Red Deer, Alberta T4P 1R5 (29349270)
7 Nyberg Avenue Red Deer, Alberta T4P 1R5
$679,000
Excellent investment opportunity! This well-maintained 4-plex offers steady rental income and long-term potential for real estate investors. Each self-contained suite features 2 bedrooms, 1 full bathroom, and in-suite laundry for tenant convenience. The property is ideally located close to schools, parks, and within walking distance to Parkland Mall, ensuring strong tenant appeal. Recent building upgrades include new siding, fascia, and downspouts (2025), as well as re-surfaced decks with metal railings and a chain-link fence surrounding the property for added safety and security. Paving blocks were replaced in 2024. Inside, the units were updated approximately 20 years ago with modernized cabinetry, vinyl plank flooring in the basement suites, and carpeted upper units. The lower units feature two separate entrances and a dug-out patio area perfect for BBQs and outdoor seating. A solid, income-producing property with valuable recent improvements and a convenient location—ready to add to your portfolio! (id:50955)
Property Details
| MLS® Number | A2281785 |
| Property Type | Multi-family |
| Community Name | Normandeau |
| Features | Back Lane |
| Parking Space Total | 4 |
| Plan | 7620630 |
Building
| Appliances | Refrigerator, Dishwasher, Stove, Washer & Dryer |
| Constructed Date | 1978 |
| Flooring Type | Carpeted, Linoleum, Vinyl |
| Foundation Type | Poured Concrete |
| Size Interior | 2,013 Ft2 |
| Total Finished Area | 2013 Sqft |
| Type | Multi-family |
Parking
| Other | |
| Parking Pad |
Land
| Acreage | No |
| Fence Type | Fence |
| Landscape Features | Landscaped |
| Size Irregular | 8587.00 |
| Size Total | 8587 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 8587 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | R-m |
https://www.realtor.ca/real-estate/29349270/7-nyberg-avenue-red-deer-normandeau
256 Barrett Drive
Red Deer, Alberta T4R 1J4
256 Barrett Drive
Red Deer, Alberta T4R 1J4
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March 06 2026 06:52:24
Central Alberta REALTORS® Association
Realty Experts Group Ltd
