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4819 55 Street in Red Deer: RR Downtown Red Deer Multi-Family for sale : MLS®# CA0178236

4819 55 Street Red Deer T4N 2J2 : RR Downtown Red Deer

Main Photo: 4819 55 Street in Red Deer: RR Downtown Red Deer Multi-Family for sale : MLS®# CA0178236
$835,000
Prop. Type:
Multi-Family
MLS® Num:
CA0178236
Status:
Active
Year Built:
2004
6 PLEX! Well maintained and always rented out, this property has 6- 2 bedroom units with 9' ceilings, 2 bathrooms- underfloor heat in bathrooms & patio doors to private decks with aluminum & glass railings & vinyl decking. All suites with laundry areas. The building is stucco, roof was redone in 2018. Separate gas & electrical meters. Owner pays City Bill (Water, sewer & garbage) which is about $500/mo. Very nicely landscaped with wide concrete sidewalks, chain link fences and paved parking stalls.
Listing Area:
Red Deer
Listing Sub-Area:
RR Downtown Red Deer
County Or Parish:
Red Deer County
Property Type:
Multi-Family
Property Sub Type:
Sixplex
Lot Shape:
Standard
Lot Depth:
Switch units of measure157'
Lot Frontage:
Switch units of measure62'
Title:
Fee Simple
Year built:
2004
Construction Materials:
Stucco, Wood
Foundation:
Fully Finished
Floor Finish:
Carpet, Linoleum
Roof:
Shingle - Asphalt
Heating:
Furnace - Forced Air - 1, In-Floor Hot Water
Heating Fuel:
Natural Gas
Water Supply:
Municipal
Sewer:
Municipal
Num 2 Bed Units:
6
Exterior Features:
Balcony
# Units:
6
Taxes:
$7,900.02 / 2018
Gross Scheduled Income:
64200.0
Insurance Expense:
4046.0
Laundry Income:
0.0
Maintenance Expense:
1926.0
Net Operating Income:
42313.0
Other Expense:
3531.0
Professional Management Expense:
3210.0
Total Annual Operating Expenses:
21887.0
Trash Expense:
1460.0
Water Sewer Expense:
3845.0
Vacancy Allowance:
1926
Vacancy Pct:
3.0
Inclusions:
FRIDGE X 6, STOVE X 6, BUILT IN MICROWAVE X 6, BUILT IN DISHWASHER X 6, WASHER X 6, DRYER X 6.
Possession:
Immediate
Rent Control:
No
Parking Features:
Off Street Parking, Parking Space(s)
Parking Places:
10
LINC Number:
0030166459
Zoning:
R3
Listed by Century 21 Advantage
Data was last updated November 15, 2019 at 09:10 PM (UTC)
Benedict Devlin Team

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