1-16, 4750 55 Street Red Deer, Alberta T4N 2J1
$1,360,000
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. Boiler has also been replaced. New hot water heater. 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. Property is being sold as-is. (id:57810)
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 |
https://www.realtor.ca/real-estate/27677146/1-16-4750-55-street-red-deer-waskasoo
Interested?
Contact us for more information
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November 22 2024 07:26:35
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