27 Nyberg Avenue, Red Deer
$669,500 - 2,376 Sf
MLS® # A2261719
Century 21 Maximum
7 Nyberg Avenue, Red Deer
$689,000
0 Beds
0 Baths
2,086 Sqft
.2 Acres
0 Garages
Excellent investment opportunity! This well-maintained 4-plex offers steady rental income and long-term potential for real estate investors. Each self-contained suite features 2 bedrooms, 1 full bathroom, and in-suite laundry for tenant convenience. The property is ideally located close to schools, parks, and within walking distance to Parkland Mall, ensuring strong tenant appeal. Recent building upgrades include new siding, fascia, and downspouts (2025), as well as re-surfaced decks with metal railings and a chain-link fence surrounding the property for added safety and security. Paving blocks were replaced in 2024. Inside, the units were updated approximately 20 years ago with modernized cabinetry, vinyl plank flooring in the basement suites, and carpeted upper units. The lower units feature two separate entrances and a dug-out patio area perfect for BBQs and outdoor seating. A solid, income-producing property with valuable recent improvements and a convenient location—ready to add to your portfolio!
Essential Information
MLS® #A2264661
Price$689,000
Bathrooms0.00
Square Footage2,086
Acres0.20
Year Built1978
TypeMulti-Family
Sub-Type4 plex
StatusActive
Community Information
Address7 Nyberg Avenue
SubdivisionNormandeau
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4P 1R5
Amenities
Parking Spaces4
Parking
Alley Access, Off Street, Parking Pad
Interior
Interior FeaturesLaminate Counters
HeatingBoiler
Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Exterior
Lot DescriptionBack Lane, Landscaped
FoundationPoured Concrete
Additional Information
ZoningR-M
Listing Details
OfficeRealty Experts Group Ltd
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