5906 60 ST, Red Deer, AB T4N 2P8
5906 60 ST, Red Deer, AB T4N 2P8
5906 60 ST, Red Deer, AB T4N 2P8
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Joanna Wood

Joanna Wood

+1(403) 836-4442
$685,000
Est. payment /mo
1,701 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1701.0

Square Footage 1,701 sqft

Price per Sqft $402

Subdivision Riverside Meadows

MLS Listing ID A2302014

Style Bi-Level

Year Built 1976

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type 4 plex

Property Description

Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units,each with two bedrooms,providing an ideal layout for consistent rental income. All units are currently tenanted,making this a true turnkey investment with immediate cash flow.

Each suite is thoughtfully designed with its own in-unit laundry,offering added convenience and appeal for tenants. The property also features private balconies for each unit,enhancing livability and long-term rental desirability. The expansive,fully fenced lot provides additional outdoor space and privacy,while also offering potential for future value enhancement.

Well-positioned within Red Deer,this property benefits from strong rental demand and a stable tenant base. With separate living spaces,desirable unit features,and solid income potential,this fourplex is an excellent addition to any investment portfolio.

Location

Province AB

Zoning R-L

Interior

Inclusions Fridge x4, Stoved x4, Washer x4, Dryer x4

Fireplace No

Exterior

Total Parking Spaces 4

Garage No

Building

Dwelling Type Four Plex

Architectural Style Bi-Level

New Construction No

Others

Restrictions None Known

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Joanna Wood
Joanna Wood

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+1(403) 836-4442

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