5614 55 Street, Red Deer


0 Beds
0 Baths
0 Sqft
0 Garage Size

THIS 12 SUITE APARTMENT BUILDING, featuring 11 (2) Bedroom suites (currently at $750/month) & 1 (1) Bedroom suite (Currently at $650/month) BRINGS IN $106,800/YEAR IN GROSS INCOME!. With a 5.4% NET CAP RATE, many upgrades to suites over the years, including NEW CARPET, NEW LINOLEUM, FRESH PAINT, NEW BATHS & more. Strong potential to add to your rental portfolio, situated over 5 lots (125' wide) with 20+ stalls for parking. Each unit has designated stall w/ power plug in. Visit REALTORS® website for more details.

Essential Information
MLS® #CA0171269
Year Built1963
Sub-TypeLow Rise (1-4 Floors)
Community Information
Address5614 55 Street
CityRed Deer
CountyRed Deer County
Postal CodeT4N 2J6
Parking Spaces20

Parking - Plug-In, Rear Parking, Parking - Extra, Parking Space(s), Public Parking, 110 Volt Wiring, Visitor Parking

HeatingBaseboard heaters, Boiler
Lot Description125.00X120.00
RoofTar & Gravel
ConstructionFrame - Wood
Additional Information
Listing Details
OfficeCentury 21 Advantage

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