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Property Description

Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio. (id:53430)

Building

Property Type:
Multi-Family
Building Type:
Multi-Family
Style:
Bi-level
Year Built:
1976

Finished Areas

Interior Size (Total):
1701 square feet
Above Grade:
1701 square feet

Parking

Spaces:
4

Lot / Land

Lot Size:
10400.0 square feet

Fees & Dates

Property Taxes:
$5,684
Tax Year:
2025
Last Modified:
07/31/2026 03:10:01 PM
Status Change:
07/31/2026 03:02:19 PM

Association / Ownership

Common Interest:
Freehold

Location

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Listing offered by: Real Broker

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