JN REAL ESTATE GROUP

Riverside Meadows

FOR SALE

$795,222

PURCHASE PRICE

5918 57 Avenue , Red Deer · T4N4S7

MULTI FAMILY · BUILT 1979

MLS A2346395 · 0 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

Six-suite apartment building located in the established Riverside Meadows neighbourhood. The property offers a practical unit mix consisting of five two-bedroom suites and one one-bedroom basement suite. All six units are currently rented, providing an established rent roll. Each suite has its own private entrance and designated parking stall, giving residents independent access and convenient off-street parking. The building is heated by a central boiler system and includes shared laundry facilities that provide additional income. With all units occupied and parking provided for each suite, this property is set up as an operating multi-residential rental building. Tenants pays for power on their own unit.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Multi Family
YEAR BUILT
1979
ROOF
Asphalt Shingle

LOT & EXTERIOR

LOT SIZE (SQFT)
8,732
LOT SIZE (ACRES)
0.2

COMMUNITY

COMMUNITY
Riverside Meadows
ZONING
R-L
POSTAL CODE
T4N4S7

UTILITIES & COSTS

HEATING
Boiler
ANNUAL TAXES
$6,964

LISTING COURTESY OF LARRY MATIRA · EXP REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.