7 Nyberg Avenue, Red Deer, Alberta T4P 1R5

Listed for:
$689,000
0 beds
0 baths
Listed 31 days ago
Multi-Family for rent: 7 Nyberg Avenue, Red Deer, Alberta T4P 1R5

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Learn more about this property
Listing provided by:
Realty Experts Group Ltd
MLS® number:
A2264661
Agent:
Nolin Maurier
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About

Excellent investment opportunity! This well-maintained 4-plex offers steady rental income and long-term potential for real estate investors. Each self-contained suite features 2 bedrooms, 1 full bathroom, and in-suite laundry for tenant convenience. The property is ideally located close to schools, parks, and within walking distance to Parkland Mall, ensuring strong tenant appeal. Recent building upgrades include new siding, fascia, and downspouts (2025), as well as re-surfaced decks with metal railings and a chain-link fence surrounding the property for added safety and security. Paving blocks were replaced in 2024. Inside, the units were updated approximately 20 years ago with modernized cabinetry, vinyl plank flooring in the basement suites, and carpeted upper units. The lower units feature two separate entrances and a dug-out patio area perfect for BBQs and outdoor seating. A solid, income-producing property with valuable recent improvements and a convenient location—ready to add to your portfolio! (id:27476)

Property Highlights

MLS® Number
A2264661
Type
Multi-family
Community Name
Normandeau
Ownership Type
Freehold
Land Size
8587 sqft|7,251 - 10,889 sqft
Parking Space Total
4

Building

Building Type
Multi-Family
Square Footage
2086 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location