5617 60 Avenue, Red Deer, Alberta
$1,470,000
- 4,045 Square Feet
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 . (id:23309)
- Listing ID: A2175520
- Property Type: Multi-family
- Year Built: 1973
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Listing provided by Sotheby's International Realty Canada
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5617 60 Avenue in Red Deer Ontario. It was last modified on November 3rd, 2024. Contact Dylan Topolnisky to schedule a viewing or to discover other Red Deer real estate for sale.