5805 56 Avenue

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $645,000
• Interior size: 1,510 sqft
• Lot size: 6250.00
• Year built: 1976
• Parking: 4
• Listing key: 29493005

Listing overview

Turnkey 4-Plex Investment Opportunity in Red DeerExcellent opportunity to own a fully renovated 4-plex multifamily property in Red Deer, ideal for investors seeking strong rental income and minimal maintenance. This property features three 2-bedroom units and one 1-bedroom unit, all extensively updated with modern finishes.Each unit has been fully renovated, including new kitchens with quartz countertops and stainless steel appliances, updated interiors, and modern fixtures throughout. Two units feature durable vinyl plank flooring, while the other two offer new carpet, creating comfortable and attractive living spaces for tenants.Major building updates include newer windows, refreshed interiors, and a roof approximately 5 years old, providing peace of mind for years to come. Approximately $50,000–$60,000 in renovations have been invested into the property.The building also offers four d...