5817 53 Avenue | Red Deer, Alberta, T4N4L4

Situated just steps from the Red Deer River and in an up and coming area surrounded by newer development, this fully rented 4 plex is a great addition to any rental portfolio. The common areas and 3 of the 4 suites have been fully or nearly fully renovated including vinyl plank flooring, updated kitchens (3 suites) and bathrooms (2 suites), newer appliances, updated balconies, and newer windows and doors throughout the building. There are three 2 bedroom suites and one 1 bedroom suite, along with coin operated laundry and a central boiler that provides hot water heat to all suites and common areas. The boiler system is approximately 10 years old and is regularly serviced and there's a new hot water tank. Building offers a stucco exterior, concrete foundation, updated shingles, and lots of parking for tenants. (id:59084)

Property Details

Full Address:
5817 53 Avenue, Red Deer, Alberta
Price:
$ 550,000
MLS Number:
A2273129
List Date:
December 9th, 2025
Neighbourhood:
Riverside Meadows
Year Built:
1978
Taxes:
$ 5,174
Listing Tax Year:
2025

Interior Features

Appliances:
Refrigerator, Stove
Flooring:
Carpeted, Linoleum, Vinyl
Heating:
Natural gas

Building Features

Exterior:
Stucco
Garage Spaces:
8
Ownership Type:
Freehold
Taxes:
$ 5,174

Floors

Finished Area:
1757 sq.ft.
Main Floor:
1757 sq.ft.

Land

Neighbourhood Features

Ratings

Commercial Info

Location

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