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1-16, 4750 55 Street
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1-16, 4750 55 Street $1,360,000
$1,360,000
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1-16, 4750 55 Street
Red Deer, Alberta T4N2J1

MLS® Number: A2179270

Listing Description

If you’re looking for an income generating property with potential for further growth- this is it! 15 suite apartment building currently sitting at 73% occupancy. This building consists of 13 - 1 bedroom + 1 bath suites and 2 bachelor + 1 bath suites. 4 units are vacant. Some of the units have been updated with newer flooring. New hot water tank. Building has a zero lot line and a parking stall with 19 spaces. Current gross income is at $10,320 with room for growth. Several long term tenants. (29856416)

Property Summary

Property Type
Multi-family
Building Type
Apartment
Storeys
4
Community Name
Waskasoo
Subdivision Name
Waskasoo
Title
Freehold
Land Size
10000 sqft|7,251 - 10,889 sqft
Built in
1963
Annual Property Taxes
$13,909
Total Parking Spaces
19
Time on REALTOR.ca
29 days

Building

Interior Features
Appliances Included
Washer, Refrigerator, Stove, Dryer
Flooring
Carpeted, Linoleum, Vinyl Plank
Building Features
Features
Back lane, Parking
Style
Attached
Architecture Style
Low rise
Total Buildings
1
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, Hot Water
Utilities
Utility Type
Cable (Available), Electricity (Connected), Telephone (Available), Sewer (Connected), Water (Connected)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Park, Schools, Shopping
Parking
Total Parking Spaces
19

Measurements

Square Footage
7342 sqft
Total Finished Area
7342 sqft

Land

Lot Features
Fencing
Not fenced
Other Property Information
Zoning Description
R3
Data provided by: Pillar 9™
403-318-5665
REALTOR® Website
Email
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Century 21 Maximum
3617F - 50 Avenue
Red Deer, Alberta T4N3Y5
587-272-0221
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