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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

5805 56 Avenue, Red Deer

4 plex for Sale

5805 56 Avenue, Red Deer, MLS® # A2294887
  • MLS®#: A2294887
  • Price: $675,000
  • Parking: 4
  • Status: Active
  • Year Built: 1976
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

Turnkey 4-Plex Investment Opportunity in Red Deer Excellent 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 dedicated parking stalls for tenant convenience. Currently 100% occupied with tenants, making this a true turnkey income property with immediate cash flow. With its modern upgrades, strong tenant demand, and solid location in Red Deer, this property represents a fantastic long-term investment opportunity.

Contact Elke Babiuk About MLS® A2294887

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Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: 4 plex
  • MLS®#: A2294887
  • Year Built: 1976
  • Lot Shape: Corner Lot,Rectangular Lot
  • Total Floor Area: 1,510 sq.ft
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Community Information

  • Address: 5805 56 Avenue
  • Neighbourhood: Riverside Meadows
  • City: Red Deer
  • Postal Code: T4N4P9
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interior

  • Included: 4 Microwave Hood fans, 4 Electric stoves, 4 Refrigerators, washer, dryer
  • Fireplace Details: For Sale
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exterior

  • Exterior Features: Corner Lot, Rectangular Lot
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services & amenities

  • Parking: (4 Total Parking Spaces)
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$675,000

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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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