5805 56 Avenue, Red Deer, Alberta T4N 4P9

Listed for:
$679,900
0 beds
0 baths
Listed 13 days ago
Multi-Family for rent: 5805 56 Avenue, Red Deer, Alberta T4N 4P9

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About

Turnkey 4-Plex Investment Opportunity in Red DeerExcellent opportunity to own a fully renovated 4-plex multifamily property in Red Deer, ideal for investors seeking strong rental income and minimal maintenance. This property features three 2-bedroom units and one 1-bedroom unit, all extensively updated with modern finishes.Each unit has been fully renovated, including new kitchens with quartz countertops and stainless steel appliances, updated interiors, and modern fixtures throughout. Two units feature durable vinyl plank flooring, while the other two offer new carpet, creating comfortable and attractive living spaces for tenants.Major building updates include newer windows, refreshed interiors, and a roof approximately 5 years old, providing peace of mind for years to come. Approximately $50,000–$60,000 in renovations have been invested into the property.The building also offers four dedicated parking stalls for tenant convenience.Currently 100% occupied with tenants, making this a true turnkey income property with immediate cash flow. With its modern upgrades, strong tenant demand, and solid location in Red Deer, this property represents a fantastic long-term investment opportunity. (id:27476)

Property Highlights

MLS® Number
A2294887
Type
Multi-family
Community Name
Riverside Meadows
Ownership Type
Freehold
Land Size
6250 sqft|4,051 - 7,250 sqft
Parking Space Total
4

Building

Building Type
Multi-Family
Square Footage
1510 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Real Broker
MLS® number:
A2294887
Agent:
Nabil Noorani
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