LOADING

5620 & 5622 42 Street Red Deer, Alberta T4N 1C1

1260 sqft
None Forced Air

$500,000

New Proforma showing the new rents and cashflow improvement! The owner has increased rents to $1200 for each unit starting May 1, 2024. This 4 plex is great for any investor looking for an income generating property in a Fantastic location near downtown Red Deer, the new Polytechnic Institute, Shopping, Restaurants, Parks and more! All units are single bedrooms, one level each with 2 units upstairs and 2 units down. Each have their own laundry. Laminate flooring in each of the units. Boiler system with baseboard heat. (id:56672)

Property Details

MLS® Number A2078823
Property Type Multi-family
Community Name West Park
Parking Space Total 4
Plan K11
Structure None

Building

Appliances See Remarks
Constructed Date 1969
Construction Material Poured Concrete, Wood Frame
Cooling Type None
Exterior Finish Concrete, Stucco, Vinyl Siding
Foundation Type See Remarks
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1260 Sqft
Total Finished Area 1260 Sqft
Type Multi-family

Parking

Other

Land

Acreage No
Size Depth 36.57 M
Size Frontage 15.24 M
Size Irregular 6000.00
Size Total 6000 Sqft|4,051 - 7,250 Sqft
Size Total Text 6000 Sqft|4,051 - 7,250 Sqft
Zoning Description R2