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$ 685,000
Est. payment | /mo
1,701 SqFt
$ 685,000
Est. payment | /mo
1,701 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1701
Square Footage 1,701 sqft
Price per Sqft $402
Subdivision Riverside Meadows
MLS® Listing ID A2302014
Style Bi-level
Year Built 1976
Lot Size 10,400 Sqft
Acres 10400.0
Property Sub-Type Freehold
Property Description
Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Architectural Style Bi-level
Others
Ownership Freehold
Listed by Real Broker
Nearby Locations
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