5812 57 AVE #101-306, Red Deer, AB T4N 4S4
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5812 57 AVE #101-306, Red Deer, AB T4N 4S4,Video Tour
5812 57 AVE #101-306, Red Deer, AB T4N 4S4
5812 57 AVE #101-306, Red Deer, AB T4N 4S4
5812 57 AVE #101-306, Red Deer, AB T4N 4S4
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Brian Jenkins

Brian Jenkins

+1(825) 989-1286
$ 2,378,300
Est. payment /mo
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5812 57 AVE #101-306 Red Deer, AB T4N 4S4

8,412 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 8412.0

Square Footage 8,412 sqft

Price per Sqft $282

Subdivision Riverside Meadows

MLS Listing ID A2355988

Style Apartment-Single Level Unit

Year Built 1980

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Apartment

Property Description

INVESTORS! Take advantage of the strong rental market with a building that already has been strata titled (17 Individual titles) for future upside. This sharp looking well cared for 17 suite apartment building close to the Red Deer River has had many recent exterior upgrades,including Hardy Plank siding (2023),windows (2023),facia and soffits (2023),exterior LED lighting (2023). All suites have various had upgrades as needed. The suite mix is 9-1 bedroom,4 2-bedroom and 4 Bachelor suites. Bachelor suites are same size as one bedrooms,just missing a wall. Servicing the tenants is a large laundry room with 2 Coin-o-Matic washers and 2 dryers,as well as a stocked library as they wait for the cycle. The rear parking pad is paved with 20 stalls,off street parking in the front of building is also available. Building has a pitched roof with asphalt shingles. Tenants all pay their power with the exception of one site that is on the common meter. Rents in the building are conservative and could be adjusted upward.

Location

Province AB

County 0262

Zoning R-L

Interior

Heating Boiler, Natural Gas, Zoned

Flooring Vinyl Plank

Inclusions NONE

Fireplace No

Appliance Dishwasher, Electric Stove, Refrigerator

Exterior

Roof Type Asphalt Shingle

Total Parking Spaces 20

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Foundation Poured Concrete

Architectural Style Apartment-Single Level Unit

New Construction No

Others

Restrictions None Known

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Listed by RCR - Royal Carpet Realty Ltd.

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Brian Jenkins
Brian Jenkins

Agent License ID: CAJENKBRI

+1(825) 989-1286

103, 232 Spruce Street, Red Deer County, AB T4E 1B4, CAN

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5812 57 AVE #101-306