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    Description

    Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio. (id:58070)

    Property Features

    • MLS® Number A2302014
    • Price $685,000
    • Square Footage: 1701 sqft
    • Property Type: Multi-Family
    • Community Name: Riverside Meadows
    • Parking Space Total 4
    • Plan 8079af

    Buildings

    Architectural Style Bi-level Constructed Date 1976
    Size Interior 1701 Sqft Total Finished Area 1701 Sqft
    Type Multi-family

    Land

    Acreage No Size Irregular 10400.00
    Size Total 10400 Sqft|7,251 - 10,889 Sqft Size Total Text 10400 Sqft|7,251 - 10,889 Sqft
    Zoning Description R-l
    Address
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