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5617 60 Av

60 Ave, Riverside Meadows, Red Deer, AB, T4N 4W2

-
Beds
-
Baths
4,044
Sq. Ft.
$1,470,000
List Price
Details
Photos
50
Comparables
History
5617 60 Av, Red Deer, AB - 1 of 3
5617 60 Av, Red Deer, AB - 2 of 3
5617 60 Av, Red Deer, AB - 3 of 3
New
5 days on market

Quick Summary

  • Fully rented 12-unit apartment complex
  • Prime location near Red Deer River
  • Ample on-site parking stalls
  • Quiet neighborhood with essential amenities
  • Short walk to Bower Ponds and trails
  • Potential to increase rental income
  • Almost half of suites recently renovated
  • Building is condominiumized with titled units

An exceptional investment opportunity with this twelve unit, fully rented apartment complex in a prime location near the Red Deer River. With ample stall parking on site, this building is perfectly positioned for renters. The Raventhorpe is in a quiet neighbourhood and yet offers convenient proximity to essential amenities, including the... Show More

An exceptional investment opportunity with this twelve unit, fully rented apartment complex in a prime location near the Red Deer River. With ample stall parking on site, this building is perfectly positioned for renters. The Raventhorpe is in a quiet neighbourhood and yet offers convenient proximity to essential amenities, including the nearby mall and bus stops. Just a short walk to Bower Ponds, residents enjoy immediate access to the citys extensive network of walking and biking paths. This property includes 3 one bed/one bath units and 9 two bed/one bath units, is fully rented and there is potential to increase rents. Almost half of the suites have been renovated and for buyers looking for an additional advantage, this building has been condominiumized with all 12 suites individually titled allowing an investor to hold the building as a long term investment or sell suites individually . (id:54626)

Property Details

Size

4,044 sq. ft.
0 Beds
0 Baths

Parking

12 Parking Spaces
-

Build

Year Built
1973
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
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Source

Listing Brokerage

MLS® Listing
E4412750
Last Updated
November 5, 2024
Brokerage
Sotheby's International Realty Canada
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