1-16, 4750 55 Street, Red Deer, Alberta

$1,360,000

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7,342

Square feet

0.23

Acres

About 1-16, 4750 55 Street

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.

Features of 1-16, 4750 55 Street

MLS® # A2179270
Price $1,360,000
Bathrooms 0.00
Square Footage 7,342
Acres 0.23
Year Built 1963
Type Multi-Family
Sub-Type Apartment
Style Low-Rise(1-4)
Status Active

Community Information

Address 1-16, 4750 55 Street
Subdivision Waskasoo
City Red Deer
County Red Deer
Province Alberta
Postal Code T4N 2J1

Amenities

Amenities Parking, Coin Laundry
Utilities Phone Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Parking Spaces 19
Parking Alley Access, Stall, Paved
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Refrigerator, Stove(s), Washer
Heating Baseboard, Hot Water, Boiler
Cooling None
Fireplace No
# of Stories 4
Has Basement No

Exterior

Exterior Features None
Lot Description Back Lane, Street Lighting, Near Shopping Center, Near Public Transit

Additional Information

Date Listed November 21st, 2024
Days on Market 31
Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Maximum

Listing Map