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5617 60 Ave

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

-
Beds
-
Baths
4,044
Sq. Ft.
$1,470,000
List Price
Details
Photos
31
Comparables
History
5617 60 Ave, Red Deer, AB - 1 of 3
5617 60 Ave, Red Deer, AB - 2 of 3
5617 60 Ave, 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 convenient 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 Raven Thorpe Manor is in a quiet neighbourhood and yet offers convenient proximity to essential amenities,... 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 Raven Thorpe Manor 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 city’s 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
-

Lot

Size
137′6″ * 127′6″
Acres
-

Build

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

Heating & Cooling

Heating
Baseboard heaters
Cooling
-
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
A2175520
Last Updated
November 4, 2024
Brokerage
Sotheby's International Realty Canada
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