My Listings

5911 55 Avenue
Riverside Meadows Red Deer T4N 4N8

$545,000
Multi-family 1,960 sq. ft. built: 1978

Main Photo: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
Photo 1: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
Photo 2: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
Photo 3: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
Photo 4: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
A2078558
Year Built:
1978
NEW Proforma Cash flow increase! The owner is increasing the rents to $1150 + $1250 for the upper units & $1050 + $1000 for the lower units.This 4 plex is great for any investor looking for an income generating property in a Fantastic location near downtown Red Deer, Shopping, Restaurants, Parks and more! All units are 3 bedroom units, one level each with 2 units upstairs and 2 units down. Each have their own laundry. Laminate flooring in each of the units. Separate gas meters, electric meters, furnaces and how water tanks for each unit. (id:2493)
Property Type:
Multi-family
Property Plan:
7604S
Size Interior:
1,960 sq. ft.
Total Finished Area:
1,960 sq. ft.
Transaction Type:
For sale
Zoning:
R2
Ownership Type:
Freehold
Community:
Riverside Meadows
Subdivision Name:
Riverside Meadows
Building Type:
Multi-Family
Structures:
Deck
Appliances Included:
See remarks
Age:
45 years
Construction Material:
Wood frame
Cooling:
None
Exterior Finish:
Brick, Wood siding
Fireplace:
No
Foundation:
See Remarks
Heating:
Forced air
Heating Fuel:
Natural gas
Lot Frontage:
66'
Lot Depth:
119'11¾"
Acreage:
No
Lot Size:
7,920.055 sq. ft.
Lot Size:
7920 sqft|7,251 - 10,889 sqft
Lot Details:
7920.00
Total Parking Spaces:
6
Parking Type:
Other
  • Photo 1: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
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  • Photo 2: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
    Photo 2 of 4
  • Photo 3: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
    Photo 3 of 4
  • Photo 4: 5911 55 Avenue in Red Deer: Multi-family for sale : MLS®# A2078558
    Photo 4 of 4
Listed by eXp Realty
Data was last updated December 10, 2023 at 08:15 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$559,950
Min list price:
$149,900
Max list price:
$2,550,000
Avg days on market:
100
Min days on market:
2
Max days on market:
312
Avg price per sq.ft.:
$245.8
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.
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