Property Details

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Featured in:

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5906 60 Street
Red Deer (A2302014)

$685,000
1,701 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow. Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement. Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio.

Property details

Basic Info

MLS® #
A2302014
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
Riverside Meadows
Price
$685,000
Sale/Lease:
For Sale
Size:
1,701 sq.ft.
Year Built:
1976 (50 years old)

Building Info

Structure Type:
Four Plex
Building Style:
Bi-Level
Garage:
No
Fence:
Basement:
No
Inclusions:
Fridge x4, Stoved x4, Washer x4, Dryer x4

Lot / Land Info

Lot Size:
0.24 acres
Zoning:
R-L

Listing Info

Possession:
Immediate,Negotiable
Days on Market:
5
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Grassroots Realty Group Ltd.
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