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1-9 - 5963 60a St

60a St, Riverside Meadows, Red Deer, AB, T4N 6A4

-
Baths
5,085
Sq. Ft.
$1,090,000
List Price
Details
Photos
15
Comparables
History
1-9 - 5963 60a St, Red Deer, AB - 1 of 3
1-9 - 5963 60a St, Red Deer, AB - 2 of 3
1-9 - 5963 60a St, Red Deer, AB - 3 of 3
New
8 days on market

Quick Summary

  • Fully rented 9-suite apartment building
  • Excellent investment opportunity with immediate cash flow
  • Spacious 2-bedroom, 4-piece bath units
  • Six units with private balconies for added appeal
  • Highly desirable location near three schools
  • Convenient access to bus stop and local amenities
  • Cozy 1-bedroom unit for added rental diversity
  • Rare find offering stability and growth potential

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... Show More

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. (id:54626)

Property Details

Size

5,085 sq. ft.
across 2 floors
0 Beds
0 Baths

Parking

9 Parking Spaces
-

Build

Year Built
1976
Model Name
-
Exterior
-
Builder Name
-
Floors
-
Flooring
Hardwood, Tile

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
A2164763
Last Updated
September 20, 2024
Brokerage
eXp Realty
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