+7 more
$675,000
5805 56
Red Deer (Riverside Meadows), Alberta, T4N4P9
multiplex·sale·Tax $5,502/yr
1,510 sqft
Living Area
6,250 sqft
Lot
1976
Year Built
4
Parking
About This Property
This multi-family in Red Deer offers 1,510 sqft of living area on a 6,250 sqft lot. Built in 1976. The property has lot dimensions of 6250.00.
MLS Remarks
Turnkey 4-Plex Investment Opportunity in Red DeerExcellent opportunity to own a fully renovated 4-plex multifamily property in Red Deer, ideal for investors seeking strong rental income and minimal maintenance. This property features three 2-bedroom units and one 1-bedroom unit, all extensively updated with modern finishes.Each unit has been fully renovated, including new kitchens with quartz countertops and stainless steel appliances, updated interiors, and modern fixtures throughout. Two units feature durable vinyl plank flooring, while the other two offer new carpet, creating comfortable and attractive living spaces for tenants.Major building updates include newer windows, refreshed interiors, and a roof approximately 5 years old, providing peace of mind for years to come. Approximately $50,000–$60,000 in renovations have been invested into the property.The building also offers four dedicated parking stalls for tenant convenience.Currently 100% occupied with tenants, making this a true turnkey income property with immediate cash flow. With its modern upgrades, strong tenant demand, and solid location in Red Deer, this property represents a fantastic long-term investment opportunity. (id:60351)
Overview
Property Typeresidential
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