5906 60 Street, Red Deer Red Deer, Alberta, T4N2P8

Listing Price
$685,000
multi-family
0 beds
0 baths
1701 sqft
Property Details
Property Type
multi-family
Year Built
1976
Parking Spaces
4
Lot Size
10400 square feet
Lot Dimensions
10400.00
Annual Taxes
$5,684 (2025)
Subdivision
Riverside Meadows
MLS Number
A2302014
Listed Date
Apr 15, 2026
Days on Market
8
Zoning Description
R-L
Region / Community
Riverside Meadows
Parcel Number
0013056072
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:63190)
Features & Amenities
Architectural Style
Bi-level
Location
5906 60 Street, Red Deer, Alberta, T4N2P8
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Estimated Monthly Payment
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Principal & interest on a $0 mortgage at 5.25% for 25 years
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