1-16, 4750 55 Street, Red Deer

$1,360,000

0 Beds
0 Baths
7,342 Sqft
.23 Acres
0 Garages

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. Boiler has also been replaced. New hot water heater. 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. Property is being sold as-is.

Essential Information
MLS® #A2179270
Price$1,360,000
Bathrooms0.00
Square Footage7,342
Acres0.23
Year Built1963
TypeMulti-Family
Sub-TypeApartment
StyleLow-Rise(1-4)
StatusActive
Community Information
Address1-16, 4750 55 Street
SubdivisionWaskasoo
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 2J1
Amenities
AmenitiesParking, Coin Laundry
Parking Spaces19
ParkingAlley Access, Paved, Stall
Utilities

Cable Available, Electricity Connected, Sewer Connected, Water Connected, Phone Available

Interior
HeatingBaseboard, Boiler, Hot Water
CoolingNone
# of Stories4
Appliances

Dryer, Refrigerator, Stove(s), Washer

Exterior
Exterior FeaturesNone
Lot Description

Back Lane, Street Lighting, Near Shopping Center, Near Public Transit

Additional Information
ZoningR3
Listing Details
OfficeCentury 21 Maximum
LISTING MAP

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