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1-16, 4750 55 Street
Red Deer Alberta T4N2J1 Canada

$1,360,000

Active Listing ID A2179270
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7,342 square feet
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Multi-family

$1,360,000

Active Listing ID A2179270
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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. 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Floor Covering: Carpeted, Linoleum, Vinyl Plank
  • Heating Systems: Baseboard heaters, Hot Water
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/22/2024 7:36:02 PM GMT
Source Updated Date: 11/23/2024 11:29:21 PM GMT

Courtesy of: Melissa Morin, Associate, Century 21 Maximum