5817 53 Avenue Red Deer, Alberta T4N 4L4

1,757 ft2

$550,000

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:57594)

Property Details

MLS® Number A2273129
Property Type Multi-family
Neigbourhood Railyards
Community Name Riverside Meadows
Features Closet Organizers
Parking Space Total 8
Plan 7604s
Structure Deck

Building

Appliances Refrigerator, Stove
Constructed Date 1978
Construction Material Wood Frame
Exterior Finish Stucco
Flooring Type Carpeted, Linoleum, Vinyl
Heating Fuel Natural Gas
Size Interior 1,757 Ft2
Total Finished Area 1757 Sqft
Type Multi-family

Land

Acreage No
Size Total Text Unknown
Zoning Description Dc (13)

https://www.realtor.ca/real-estate/29175490/5817-53-avenue-red-deer-riverside-meadows