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

$1,360,000
0.23
Acres
7,342
SQFT
185
$/SQFT
$1,360,000
7,342   sf
$185 / sf
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off the market
1/19
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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.

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.

  • Neighborhood
  • Type
  • County
    Red Deer
  • Status
    OM
  • Listing #
    A2179270
  • Built
    1963
  • Lot Size
    0.23
  • Listed on site
    167 days
  • Listing Brokerage
    Century 21 Maximum

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2025-03-27 04:32:32
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Carpet Floors
  • No Basement
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