203, 4811 55 Street Red Deer, Alberta T4N 2J2

1 Bedroom 1 Bathroom 632 ft2
None Baseboard Heaters

$75,000

Maintenance, Heat, Insurance, Interior Maintenance, Ground Maintenance, Parking, Property Management, Reserve Fund Contributions, Sewer, Water

$461.13 Monthly

Investors or first time home buyers! If you're looking for a no maintenance, no hassle real estate investment, this 1 bedroom condo has a great long term tenant and can be managed in a rental pool (but is not required to be). This 2nd floor apartment offers 623 sq ft of functional living space with a long term tenant already in place paying $1300/mo. The layout includes a galley style kitchen with white appliances, a separate dining area, and a large living room with sliding doors to a private balcony. The unit features one nicely sized bedroom with ample closet space, a 4 pce bathroom, and a large storage room, adding useful space for everyday items. One assigned parking stall is also included. Condo fees of $461.13 include all utilities except power which is paid for by the tenant, professional management, common area maintenance, and exterior maintenance. This property offers immediate income potential for investors, or an affordable living option for a single working individual. Located close to shopping, restaurants, transit, schools, and the river trail system, this is a practical and economical choice in a convenient area. (id:57594)

Property Details

MLS® Number A2273002
Property Type Single Family
Community Name Downtown Red Deer
Amenities Near By Playground, Schools, Shopping
Community Features Pets Allowed With Restrictions
Features Closet Organizers, Parking
Parking Space Total 1
Plan 0820064

Building

Bathroom Total 1
Bedrooms Above Ground 1
Bedrooms Total 1
Appliances Refrigerator, Stove, Hood Fan
Constructed Date 1969
Construction Material Poured Concrete, Wood Frame
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Concrete, Vinyl Siding
Flooring Type Carpeted, Linoleum
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 632 Ft2
Total Finished Area 632 Sqft
Type Apartment

Land

Acreage No
Land Amenities Playground, Schools, Shopping
Size Total Text Unknown
Zoning Description R-h

Rooms

Level Type Dimensions
Main Level Living Room 17.67 Ft x 12.00 Ft
Main Level Dining Room 7.50 Ft x 7.33 Ft
Main Level Kitchen 7.17 Ft x 6.17 Ft
Main Level 4pc Bathroom 7.58 Ft x 7.00 Ft
Main Level Bedroom 12.50 Ft x 10.50 Ft
Main Level Storage 4.42 Ft x 7.08 Ft

https://www.realtor.ca/real-estate/29147831/203-4811-55-street-red-deer-downtown-red-deer