AB > Red Deer > Riverside Meadows
Red Deer, AB T4N 4W2,5617 60 AVE
Red Deer, AB T4N 4W2,5617 60 AVE
Red Deer, AB T4N 4W2,5617 60 AVE
Red Deer, AB T4N 4W2,5617 60 AVE
Red Deer, AB T4N 4W2,5617 60 AVE
Red Deer, AB T4N 4W2,5617 60 AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
13
May
Wed
14
May
Thu
15
May
Ming Wu

Ming Wu

+1(368) 999-9869
$ 1,470,000
Est. payment | /mo

0.39 Acres Lot

Save
$ 1,470,000
Est. payment | /mo
Save

0.39 Acres Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Riverside Meadows

MLS® Listing ID A2175520

Year Built 1973

Lot Size 0.393 Acres

Acres 0.39

Property Sub-Type Multi Family

Property Description

An exceptional investment opportunity with this twelve unit, fully rented apartment complex in a prime location near the Red Deer River. With ample stall parking on site, this building is perfectly positioned for renters. The Raven Thorpe Manor is in a quiet neighbourhood and yet offers convenient proximity to essential amenities, including the nearby mall and bus stops. Just a short walk to Bower Ponds, residents enjoy immediate access to the city's extensive network of walking and biking paths. This property includes 3 one bed/one bath units and 9 two bed/one bath units, is fully rented and there is potential to increase rents. Almost half of the suites have been renovated and for buyers looking for an additional advantage, this building has been condominiumized with all 12 suites individually titled allowing an investor to hold the building as a long term investment or sell suites individually .

Location

State AB

County Red Deer

Zoning R2

Interior

Heating Baseboard, Boiler, Natural Gas

Inclusions Token operated Washers (2) and Dryers (2)

Exterior

Roof Type Flat

Lot Frontage 137.58

Total Parking Spaces 12

Building

Dwelling Type Low Rise (2-4 stories)

Foundation Poured Concrete

Others

Restrictions Easement Registered On Title,Utility Right Of Way

Listed by Sotheby's International Realty Canada
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(368) 999-9869

mingtherealtor98@gmail.com

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Real Broker LTD, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

5617 60 AVE