MLS® ID: CA0171269

5614 55 Street

Red Deer, Alberta, T4N 2J6

$1,150,000 Active
  • - SQFT
THIS 12 SUITE APARTMENT BUILDING, featuring 11 (2) Bedroom suites (currently at $750/month) & 1 (1) Bedroom suite (Currently at $650/month) BRINGS IN $106,800/YEAR IN GROSS INCOME!. With a 5.4% NET CAP RATE, many upgrades to suites over the years, including NEW CARPET, NEW LINOLEUM, FRESH PAINT, NEW BATHS & more. Strong potential to add to your rental portfolio, situated over 5 lots (125' wide) with 20+ stalls for parking. Each unit has designated stall w/ power plug in. Visit REALTORS® website for more details.
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Listing courtesy of Century 21 Advantage

Amenities

  • Zip
    T4N 2J6
  • Office name
    Century 21 Advantage
  • Property type
    Low Rise (1-4 Floors)
  • Zoning type
    R2
  • Year built
    1963
  • Heating
    Baseboard heaters,Boiler
  • Tax year
    2018
  • Agent name
    WESLEY GIESBRECHT
  • Tax amount
    $ 10267.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CAC21ADVAN
  • Agent ID
    cagiesbwe

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