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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Cassie Orlando

Cassie Orlando

+1(403) 392-8488
$ 2,378,300
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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

Square Footage 8,412 sqft

Price per Sqft $282

Subdivision Riverside Meadows

MLS® Listing ID A2355988

Style Apartment-Single Level Unit

Year Built 1980

Annual Tax Amount $19,967

Tax Year 2026

Lot Size 624 Sqft

Acres 0.01

Property Sub-Type Apartment

Source Central Alberta

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 Red Deer

Zoning R-L

Interior

Heating Boiler, Natural Gas, Zoned

Flooring Vinyl Plank

Inclusions NONE

Appliance Dishwasher, Electric Stove, Refrigerator

Exterior

Roof Type Asphalt Shingle

Lot Frontage 124.0

Total Parking Spaces 20

Building

Story 3

Foundation Poured Concrete

Architectural Style Apartment-Single Level Unit

Structure Type Mixed

Others

Restrictions None Known

Tax ID 113621891

Ownership Private

Virtual Tour https://my.matterport.com/show/?m=XX24GHWp6Ks; https://my.matterport.com/show/?m=LQ8yuNG8YFv; https://my.matterport.com/show/?m=M6PMzPNJaGk;https://my.matterport.com/show/?m=SZgGydzmYxV;https://my.matterport.com/models/o3P78HLKiCj

Listed by RCR - Royal Carpet Realty Ltd.

Nearby Locations

Cassie Orlando
Cassie Orlando

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+1(403) 392-8488 | corlando.realestate@gmail.com

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5812 57 AVE #101-306