5817 53rd Ave, Red Deer, AB T4N 4L4

Situated just steps from the Red Deer River and in an up and coming area surrounded by newer development, this fully rented 4 plex is a great addition to any rental portfolio. The common areas and 3 of the 4 suites have been fully or nearly fully renovated including vinyl plank flooring, updated kitchens (3 suites) and bathrooms (2 suites), newer appliances, and newer windows and doors throughout the building. There are three 2 bedroom suites and one 1 bedroom suite, along with coin operated laundry and a central boiler that provides hot water heat to all suites and common areas. Building offers a stucco exterior, concrete foundation, updated shingles, and lots of parking for tenants. Building pro-forma available in supplemental documents or accessible through your REALTOR®.