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Royal LePage
Royal LePage
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$550,000

Red Deer AB, T4N 4L4

MLS® # A2273129

Property Information:

Situated just steps from the Red Deer River and in an up and coming area surrounded by newer development, this fully rented 4 plex is a great addition to any rental portfolio. The common areas and 3 of the 4 suites have been fully or nearly fully renovated including vinyl plank flooring, updated kitchens (3 suites) and bathrooms (2 suites), newer appliances, updated balconies, and newer windows and doors throughout the building. There are three 2 bedroom suites and one 1 bedroom suite, along with coin operated laundry and a central boiler that provides hot water heat to all suites and common areas. The boiler system is approximately 10 years old and is regularly serviced and there's a new hot water tank. Building offers a stucco exterior, concrete foundation, updated shingles, and lots of parking for tenants.

Inclusions: Fridge x4, Stove x4, Coin Operated Washer & Dryer

Building Features:

  • Total Finished Area: 1757.00

Property Features:

  • Built in: 1978
  • Construction Materials: Stucco, Wood Frame
  • Exterior Features: Private Entrance
  • Floor Space (approx): 1757.00 Square Feet
  • Flooring: Carpet, Linoleum, Vinyl
  • Heating: Boiler, Natural Gas
  • Interior Features: Ceiling Fan(s), Closet Organizers, Laminate Counters, Separate Entrance
  • Roof: Asphalt Shingle
  • Zoning: DC (13)
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX real estate central alberta

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 5817 53 Avenue, Red Deer, AB, T4N 4L4

Demographic Information of 5817 53 Avenue, Red Deer, AB, T4N 4L4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,216.33

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.44 %

High school certificate or equivalent

35.78 %

Apprenticeship trade certificate/diploma

6.94 %

College/non-university certificate

22.56 %

University certificate (below bachelor)

0.26 %

University Degree

9.02 %

Commuter

Travel To Work

By Car

82.2 %

By Public Transit

6.35 %

By Walking

10.91 %

By Bicycle

0.54 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.44 %

Houses

19.56 %

Own Vs. Rent

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