5906 60 Street Red Deer, Alberta T4N 2P8

1,701 ft2
Bi-Level

$685,000

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:63982)

Property Details

MLS® Number A2302014
Property Type Multi-family
Community Name Riverside Meadows
Parking Space Total 4
Plan 8079af

Building

Architectural Style Bi-level
Constructed Date 1976
Size Interior 1,701 Ft2
Total Finished Area 1701 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 10400.00
Size Total 10400 Sqft|7,251 - 10,889 Sqft
Size Total Text 10400 Sqft|7,251 - 10,889 Sqft
Zoning Description R-l

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