1-16, 4750 55 Street
Red Deer
Update on 2023-07-04 10:05:04 AM
$1,360,000
0
BEDROOMS
0 + 0
BATHROOMS
7342
SQUARE FEET
1963
YEAR BUILT
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.
COMMUNITY | Waskasoo |
TYPE | MFAM |
STYLE | LOW |
YEAR BUILT | 1963 |
SQUARE FOOTAGE | 7342.3 |
BEDROOMS | |
BATHROOMS | |
BASEMENT | |
FEATURES |
GARAGE | 0 |
PARKING | Alley Access, Paved, Stall |
ROOF | |
LOT SQFT | 929 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
None, Baseboard, Boiler, Hot Water,
EXTERIOR
Back Lane, Near Shopping Center, Street Lighting, Near Public Transit
Broker
Century 21 Maximum
Agent