5911 55 Avenue
Riverside Meadows (Red Deer) Red Deer T4N 4N8

$545,000
Multi-Family 1,960 sq. ft. built: 1978

Main Photo: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
Photo 1: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
Photo 2: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
Photo 3: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
Photo 4: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
Status:
Sold
Prop. Type:
Multi-Family
MLS® Num:
A2078558
Sold Date:
Feb 08, 2024
Year Built:
1978
NEW Proforma Cash flow increase! The owner is increasing the rents to $1150 + $1250 for the upper units & $1050 + $1000 for the lower units.This 4 plex is great for any investor looking for an income generating property in a Fantastic location near downtown Red Deer, Shopping, Restaurants, Parks and more! All units are 3 bedroom units, one level each with 2 units upstairs and 2 units down. Each have their own laundry. Laminate flooring in each of the units. Separate gas meters, electric meters, furnaces and how water tanks for each unit.
Price:
$545,000
Property Type:
Multi-Family
Year Built:
1978
MLS® Num:
A2078558
Status:
Sold
  • Photo 1: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
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  • Photo 2: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
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  • Photo 3: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
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  • Photo 4: 5911 55 Avenue: Red Deer 4 plex for sale : MLS®# A2078558
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Listed by CIR REALTY
Data was last updated March 3, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$522,500
Min list price:
$329,900
Max list price:
$2,250,000
Avg days on market:
156
Min days on market:
10
Max days on market:
372
Avg price per sq.ft.:
$260.34
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.