$ 1.360.000

1 16 4750 55 Street, Red Deer

  • Living area: 7342.25 square feet
  • Added: 8 hours ago
  • Updated: 7 hours ago
  • Last Checked: 7 minutes ago
If you’re looking for an income generating property with potential for further growth- this is it! 15 suite apartment building currently sitting at 73% occupancy. This building consists of 13 - 1 bedroom + 1 bath suites and 2 bachelor + 1 bath suites. 4 units are vacant. Some of the units have been updated with newer flooring. Boiler has also been replaced. New hot water heater. Building has a zero lot line and a parking stall with 19 spaces. Current gross income is at $10,320 with room for growth. Several long term tenants. Property is being sold as-is. (id:1945)
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Property DetailsKey information about 1 16 4750 55 Street

  • Cooling: None
  • Heating: Baseboard heaters, Hot Water
  • Stories: 4
  • Year Built: 1963
  • Structure Type: Apartment
  • Architectural Style: Low rise
  • Type: Apartment Building
  • Total Suites: 15
  • Current Occupancy: 73%
  • Current Gross Income: $10,320
  • Vacant Units: 4

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Carpeted, Linoleum, Vinyl Plank
  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 7342.25
  • Above Grade Finished Area: 7342.25
  • Above Grade Finished Area Units: square feet
  • Suites Composition: 1 Bedroom + 1 Bath: 13, Bachelor + 1 Bath: 2
  • Unit Updates: Some units have newer flooring

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1 16 4750 55 Street

  • Lot Features: Back lane, Parking
  • Water Source: Municipal water
  • Lot Size Units: square feet
  • Parking Total: 19
  • Lot Size Dimensions: 10000.00
  • Construction: Multi-suite building
  • Lot Line: Zero lot line
  • Parking Spaces: 19

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Subdivision Name: Waskasoo

Business & Leasing InformationCheck business and leasing options available at 1 16 4750 55 Street

  • Long Term Tenants: Several

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Water, Sewer, Electricity, Cable, Telephone
  • Boiler: Replaced
  • Hot Water Heater: New

Tax & Legal InformationGet tax and legal details applicable to 1 16 4750 55 Street

  • Tax Lot: 4
  • Tax Year: 2024
  • Tax Block: A
  • Parcel Number: 0015529960
  • Tax Annual Amount: 13909
  • Zoning Description: R3
  • Sale Condition: As-is

Additional FeaturesExplore extra features and benefits

  • Number Of Buildings: 1
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More Details?
Melissa Morin
  • Melissa Morin
  • Century 21 Maximum
  • 403-318-5665
  • WebSite

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