1-16, 4750 55 Street , Red Deer. T4N 2J1
Description
If you’re looking for an income generating property with potential for further growth- this is it! 15 suite apartment building currently sitting at 73% occupancy. This building consists of 13 - 1 bedroom + 1 bath suites and 2 bachelor + 1 bath suites. 4 units are vacant. Some of the units have been updated with newer flooring. New hot water tank. Building has a zero lot line and a parking stall with 19 spaces. Current gross income is at $10,320 with room for growth. Several long term tenants.
Listing Information
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Listing MLS#:A2179270
1-16, 4750 55 Street ,
Red Deer. T4N 2J1
Liang Commercial Real Estate
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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Century 21 Maximum" listing brokerage.
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