Homes for sale - 4750 55 ST #1-16, Red Deer, AB T4N 2J1

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Sam Pond

sam@sampond.ca +1(403) 889-0913

$1,360,000

Est. payment - /mo

7,342 SqFt

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UPDATED:

01/13/2025 05:15 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,342 sqft

Price per Sqft $185

Subdivision Waskasoo

MLS® Listing ID A2179270

Style Low-Rise(1-4)

Year Built 1963

Lot Size 10,000 Sqft

Acres 0.23

Lot Dimensions 50' x 199.87

Property Description

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. New hot water tank. 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.

Location

Province AB

County Red Deer

Zoning R3

Interior

Heating Baseboard, Boiler, Hot Water

Cooling None

Flooring Carpet, Linoleum, Vinyl Plank

Inclusions Refrigerator x 15, Stove x 15, Washer, Dryer

Appliance Dryer, Refrigerator, Stove(s), Washer

Laundry In Basement

Exterior

Exterior Feature None

Parking Features Alley Access, Paved, Stall

Fence None

Community Features Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

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

Amenities Available Coin Laundry, Parking

Porch Balcony(s)

Total Parking Spaces 19

Building

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

Dwelling Type Low Rise (2-4 stories)

Story 4

Sewer Public Sewer

Water Public

Architectural Style Low-Rise(1-4)

Others

Restrictions None Known

Tax ID 91310436

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Listed by Century 21 Maximum

"Interested in this home? Or similar properties to this one? Reach out, let's talk about the next step."

+1(403) 889-0913

sam@sampond.ca

Calgary, AB, CAN

4750 55 ST #1-16 Red Deer, AB T4N 2J1