5811 58 Avenue, Red Deer, AB - MLS # CA0140846

5811 58, Red Deer, AB T4N 4T9

Quick Summary

Price
$2,000,000
Type:
Multi-Family
Sub Type:
Low Rise (1-4 Floors)
Title:
5811 58 Avenue
Possession:
Immediate,Subject To Tenancy,Negotiable
Tax Amount:
15780 / 2017

Lot Summary

Lot Width:
148
Lot Depth:
149
Lot Units:
22059 Sq Ft
Lot Shape:
Standard
Sewer:
Municipal
Water Source:
Municipal

Rental Summary

Number of Units:
17
One Bed Units:
8
Two Bed Units:
9
Annual Operating Expense:
55800
Gross Scheduled Income:
157715
Power System Paid:
Paid
Gas System Paid:
Paid

Building Summary

Year Build:
1979
Construction Material:
Brick Veneer,Vinyl
Foundation Details:
Concrete
Roofing:
Shingle - Asphalt
Flooring:
Carpet,Linoleum
Heating:
Boiler
Heating Fuel:
Natural Gas
Flooring:
Carpet,Linoleum
Fire Prevention:
Alarm - Automatic,Fire Extinguishers

Building Features

Exterior Features:
Balcony,Deck
Inclusions:
17 Fridges, 17 Stoves, 8 Stacking Washers/Dryers, 1 Commercial Washer, 1 Commercial Dryer, Window Coverings, Miscellaneous Maintenance Equipment.

Parking Features

Parking Total:
22
Features:
Parking - Plug-In,Parking Space(s),Visitor Parking

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Property Description

County / Parish: Red Deer County, Alberta
Zoning: R3

Excellent opportunity to invest in a 17 unit Apartment Building with a ton of extra’s. All units have been upgraded over the past 12 years, 8 units have stacking washer’s and dryers. All main floor units have their own private yards. All units have separate electrical meters which include their parking stall. New landscaping is being completed. Mix is 9 – 2 bedroom units (850-875sq ft) and 8 – 1 bedroom units(600-760 sq ft).

Listed By Realty Executives Alberta Elite

Map

Walk Score

Financial Summary

Gross Scheduled Income:
157715
Power System Paid:
Paid
Laundry Income:
1314
Total Annual Operating Expense:
55800

Agent on Duty


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