5805 56 Avenue, Red Deer
$679,900 - 1,510 Sf
MLS® # A2294887
Real Broker
5906 60 Street , Red Deer
$685,000
0 Beds
0 Baths
1,701 Sqft
.24 Acres
0 Garages
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.
Essential Information
MLS® #A2302014
Price$685,000
Square Footage1,701
Acres0.24
Year Built1976
TypeMulti-Family
Sub-Type4 plex
StyleBi-Level
StatusActive
Community Information
Address5906 60 Street
SubdivisionRiverside Meadows
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 2P8
Amenities
Parking Spaces4
Additional Information
ZoningR-L
Listing Details
OfficeReal Broker
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