5617 60 Avenue, Red Deer

Multi Family for Sale

5617 60 Avenue, Red Deer, MLS® # A2175520
  • MLS®#: A2175520
  • Price: $1,470,000
  • Parking: 12
  • Status: Active
  • Year Built: 1973
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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 .

Contact Ryan & Dennis Shandruk About MLS® A2175520

Required Field

Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3

property information

  • Property Type: Multi Family
  • MLS®#: A2175520
  • Year Built: 1973
  • Restrictions: Easement Registered On Title,Utility Right Of Way
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Community Information

  • Address: 5617 60 Avenue
  • Neighbourhood: Riverside Meadows
  • City: Red Deer
  • Postal Code: T4N 4W2
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interior

  • Included: Token operated Washers (2) and Dryers (2)
  • Fireplace Details: For Sale
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exterior

  • Roof: Flat
  • Frontage: 41.93M 137`7" metres
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services & amenities

  • Parking: (12 Total Parking Spaces)
  • Heating: Baseboard,Boiler,Natural Gas
  • Heating: Baseboard, Boiler, Natural Gas
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$1,470,000

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Listing Courtesy of
Sotheby's International Realty Canada
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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