Red Deer, AB T4N6A4,5963 60 a ST #1-9
Red Deer, AB T4N6A4,5963 60 a ST #1-9
Red Deer, AB T4N6A4,5963 60 a ST #1-9
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$1,090,000
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5,085 SqFt
Active

5963 60 a ST #1-9 Red Deer, AB T4N6A4

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UPDATED:

10/19/2024 05:45 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,085 sqft

Price per Sqft $214

Subdivision Riverside Meadows

MLS® Listing ID A2164763

Year Built 1976

Lot Size 0.260 Acres

Acres 0.26

Property Description

This fully rented 9-suite apartment building is an excellent investment opportunity, offering immediate cash flow and stable rental income. The building consists of eight spacious units, each with two bedrooms and a 4-piece bath, as well as one cozy 1-bedroom unit. Six of the units feature private balconies, adding extra appeal for tenants and boosting rental value. The location is highly desirable, with three schools—Fairview, GH Dawe, and Gateway School— close by making it ideal for families. Tenants will also benefit from the nearby bus stop and an abundance of local amenities within 5-10 minutes drive, including shopping, parks, and restaurants, ensuring convenience and a strong demand for the units. This property is a rare find, offering both stability and growth potential for the savvy investor.

Location

Province AB

County Red Deer

Zoning R1

Interior

Heating Boiler

Flooring Hardwood, Tile

Appliance Dryer, Electric Stove, Range Hood, Refrigerator, Washer

Laundry Common Area

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 9

Building

Dwelling Type Low Rise (2-4 stories)

Story 2

Foundation Poured Concrete

Others

Restrictions None Known

Tax ID 91513062


Listed by eXp Realty

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Brett Wellman

Broker | cwellmbrcwellmbr

+1(403) 453-3343

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5963 60 a ST #1-9