1-16, 4750 55 Street
Red Deer T4N 2J1
MLS® Number: A2179270
$ 1,360,000
0
BEDROOMS
0 + 0
BATHROOMS
1963
YEAR BUILT
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.
| COMMUNITY | Waskasoo |
| PROPERTY TYPE | Apartment |
| BUILDING TYPE | Low Rise (2-4 stories) |
| STYLE | Low-Rise(1-4) |
| YEAR BUILT | 1963 |
| SQUARE FOOTAGE | 7,342 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | Dryer, Refrigerator, Stove(s), Washer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Linoleum, Vinyl Plank |
| HEATING | Baseboard, Boiler, Hot Water |
| LAUNDRY | In Basement |
| LOT FEATURES | Back Lane, Near Shopping Center, Street Lighting, Near Public Transit |
| PARKING | Alley Access, Paved, Stall |
| RESTRICTIONS | None Known |
| ROOF | |
| TITLE | Fee Simple |
| BROKER | Century 21 Maximum |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|
