GORGEOUS MULTI-FAMILY PROPERTY IN RIVERSIDE MEADOWS, RED DEER - RARE INVESTMENT OPPORTUNITY FOR INVESTORS OR HOMEOWNERS.
Asking Price: $725,000
About 5910 57 Avenue:
Welcome to this gorgeous multi-family property located in the desirable community of Riverside Meadows in Red Deer, Alberta. This is a rare opportunity to own a multi-family property that is perfect for investors or those looking to live in one unit and rent out the others for additional income. The property is a freehold title, sitting on a generous 9768 sqft lot with a total square footage of 2398.5 sqft.
Built in 1976, this property has been meticulously maintained and updated over the years. The exterior of the property boasts a stylish vinyl siding finish that is both durable and easy to maintain. This bi-level style home features a wood frame construction and a poured concrete foundation that ensures a solid and stable structure.
As you step inside, you will be greeted by a spacious and bright interior that is sure to impress. The main level features a cozy living room with plush carpeting and large windows that allow plenty of natural light to flood the space. The kitchen has been updated with modern appliances, including a refrigerator, dishwasher, stove, and a washer and dryer set. The kitchen also boasts ample counter space and plenty of storage for all your cooking needs.
This multi-family property features a total of 12 parking spaces, which includes a parking pad and other parking options. The lot is partially fenced, ensuring privacy and security for all tenants. The landscaped yard is perfect for hosting outdoor gatherings or enjoying a quiet afternoon in the sun.
The property is located in the heart of the Riverside Meadows community, which is known for its quiet and peaceful lifestyle. The area is surrounded by parks and playgrounds, making it perfect for families with children. The location is also ideal for those who want to be close to all the amenities of the city, including shopping centers, restaurants, and entertainment venues.
This property is an excellent investment opportunity for anyone looking to expand their real estate portfolio. The annual property taxes are $8,022 (CAD), making it a great choice for those looking for a low-maintenance investment property. The property is zoned R1, ensuring that it is compliant with all local regulations and requirements.
In conclusion, this multi-family property in Riverside Meadows is an excellent investment opportunity that is sure to provide a great return on investment. With a freehold title, ample parking, and a spacious interior, this property is perfect for investors or those looking for a multi-family home. Don't miss out on your chance to own this amazing property in one of Red Deer's most sought-after neighborhoods. Contact us today to schedule a viewing and see all that this property has to offer!
This property also matches your preferences:
Features of Property
Multi-family
Multi-Family
2398.5 sqft
Riverside Meadows
Riverside Meadows
Freehold
9768 sqft|7,251 - 10,889 sqft
1976
$8,022 (CAD)
Other, Parking Pad
This property might also be to your liking:
Features of Building
Washer, Refrigerator, Dishwasher, Stove, Dryer
Carpeted, Linoleum
See remarks, Back lane
Poured Concrete
Attached
Bi-level
Wood frame
2398.5 sqft
2398.5 sqft
Deck
None
Forced air, (Natural gas)
Vinyl siding
Park, Playground
Other, Parking Pad
12
Plot Details
Partially fenced
Landscaped
R1
Property Agent
Dale Devereaux
Century 21 Maximum
3617F - 50 Avenue, Red Deer, Alberta T4N3Y5