1-16, 4750 55 Street | Red Deer, Alberta, T4N2J1
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. (id:59084)Property Details
- Full Address:
- 4750 55 Street, Red Deer, Alberta
- Price:
- $ 1,360,000
- MLS Number:
- A2179270
- List Date:
- November 22nd, 2024
- Neighbourhood:
- Waskasoo
- Lot Size:
- 10000 sq.ft.
- Year Built:
- 1963
- Taxes:
- $ 13,909
- Listing Tax Year:
- 2024
Interior Features
- Appliances:
- Washer, Refrigerator, Stove, Dryer
- Flooring:
- Carpeted, Linoleum, Vinyl Plank
- Air Conditioning:
- None
- Heating:
- Baseboard heaters, Hot Water
Building Features
- Architectural Style:
- Low rise
- Storeys:
- 4
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Garage Spaces:
- 19
- Ownership Type:
- Freehold
- Legal Description:
- A
- Taxes:
- $ 13,909
Floors
- Finished Area:
- 7342.25 sq.ft.
- Main Floor:
- 7342.25 sq.ft.
Land
- Lot Size:
- 10000 sq.ft.
Neighbourhood Features
Ratings
Commercial Info
Location
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