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$ 677,000
Est. payment /mo
Price Dropped by $8K
5906 60 ST Red Deer, AB T4N 2P8
1,701 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 1,701 sqft
Price per Sqft $398
Subdivision Riverside Meadows
MLS® Listing ID A2302014
Style Bi-Level
Year Built 1976
Annual Tax Amount $5,684
Tax Year 2025
Lot Size 10,400 Sqft
Acres 0.24
Property Sub-Type 4 plex
Source Calgary
Property Description
Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.
Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.
Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio.
Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.
Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio.
Location
State AB
County Red Deer
Zoning R-L
Interior
Inclusions Fridge x4, Stoved x4, Washer x4, Dryer x4
Exterior
Total Parking Spaces 4
Building
Architectural Style Bi-Level
Others
Restrictions None Known
Tax ID 102737282
Ownership Private
Listed by Real Broker