My Office Listings

1-9, 5963 60 a Street
Riverside Meadows Red Deer T4N 6A4

$1,090,000
Multi-family built: 1976

Main Photo: 1-9, 5963 60 a Street in Red Deer: Multi-family for sale : MLS®# A2164763
Photo 1: 1-9, 5963 60 a Street in Red Deer: Multi-family for sale : MLS®# A2164763
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
A2164763
Year Built:
1976
This fully rented 9-suite apartment building is an excellent investment opportunity, offering immediate cash flow and stable rental income. The building consists of eight spacious units, each with two bedrooms and a 4-piece bath, as well as one cozy 1-bedroom unit. Six of the units feature private balconies, adding extra appeal for tenants and boosting rental value. The location is highly desirable, with three schools—Fairview, GH Dawe, and Gateway School— close by making it ideal for families. Tenants will also benefit from the nearby bus stop and an abundance of local amenities within 5-10 minutes drive, including shopping, parks, and restaurants, ensuring convenience and a strong demand for the units. This property is a rare find, offering both stability and growth potential for the savvy investor. (id:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
5,085 sq. ft.
Finished Area Above Grade:
5,085 sq. ft.
Zoning:
R1
Taxes:
$8,400 / 2024
Community:
Riverside Meadows
Structure Type:
Apartment
Appliances Included:
Washer, Refrigerator, Stove, Dryer, Hood Fan
Fireplace:
No
Floor finish:
Tile, Hardwood
Foundation:
Poured Concrete
# Storeys:
2.0
Lot Size:
11,326.078 sq. ft.
Lot Details:
11326.00
Total Parking Spaces:
9
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Listed by eXp Realty
Data was last updated November 3, 2024 at 05:15 PM (UTC)
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