Excellent investment opportunity! This well-maintained 4-plex offers steady rental income and long-term potential for real estate investors. Each self-contained suite features 2 bedrooms, 1 full bathroom, and in-suite laundry for tenant convenience. The property is ideally located close to schools, parks, and within walking distance to Parkland Mall, ensuring strong tenant appeal. Recent building upgrades include new siding, fascia, and downspouts (2025), as well as re-surfaced decks with metal railings and a chain-link fence surrounding the property for added safety and security. Paving blocks were replaced in 2024. Inside, the units were updated approximately 20 years ago with modernized cabinetry, vinyl plank flooring in the basement suites, and carpeted upper units. The lower units feature two separate entrances and a dug-out patio area perfect for BBQs and outdoor seating. A solid, income-producing property with valuable recent improvements and a convenient location—ready to add to your portfolio! (id:57594)
| MLS® Number | A2264661 |
| Property Type | Multi-family |
| Neigbourhood | Normandeau |
| Community Name | Normandeau |
| Features | Back Lane |
| Parking Space Total | 4 |
| Plan | 7620630 |
| Appliances | Refrigerator, Dishwasher, Stove, Washer & Dryer |
| Constructed Date | 1978 |
| Flooring Type | Carpeted, Linoleum, Vinyl |
| Foundation Type | Poured Concrete |
| Size Interior | 2,086 Ft2 |
| Total Finished Area | 2086 Sqft |
| Type | Multi-family |
| Other | |
| Parking Pad |
| Acreage | No |
| Fence Type | Fence |
| Landscape Features | Landscaped |
| Size Irregular | 8587.00 |
| Size Total | 8587 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 8587 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | R-m |
https://www.realtor.ca/real-estate/28995707/7-nyberg-avenue-red-deer-normandeau
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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