Property Details for MLS® # A2175520
5617 60 Avenue, Red Deer
Multi Family for Sale
- MLS®#: A2175520
- Price: $1,470,000
- Parking: 12
- Status: Active
- Year Built: 1973
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
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
Community Information
- Address: 5617 60 Avenue
- Neighbourhood: Riverside Meadows
- City: Red Deer
- Postal Code: T4N 4W2
interior
- Included: Token operated Washers (2) and Dryers (2)
- Fireplace Details: For Sale
exterior
- Roof: Flat
- Frontage: 41.93M 137`7" metres
services & amenities
- Parking: (12 Total Parking Spaces)
- Heating: Baseboard,Boiler,Natural Gas
- Heating: Baseboard, Boiler, Natural Gas
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