4750 55 STREET Red Deer, Alberta T4N 2J1, Canada
The Home for Sale located at 4750 55 STREET Red Deer Alberta T4N 2J1 Canada is currently for Sale, 4750 55 STREET Red Deer Alberta T4N 2J1 Canada is listed for $967,709. If the property located at 4750 55 STREET Red Deer Alberta T4N 2J1 Canada isn't what you're looking for, search Canada Real Estate to see other Homes for Sale in Red Deer .
MLS#: A2179270
$967,709 USD
CA$1,360,000 CAD
- Home/Lot size
- 682m² (7,342ft²)
Property features
Construction details
- Year built
- 1963
Other features
- Property features
- Fireplace
Area
- Property size
- 682m² (7,342ft²)
- Land/Lot size
- 931m² (0.23ac)
Description
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. New hot water tank. 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.