5906 60 Street Red Deer, Alberta T4N 2P8
$685,000
Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio. (id:52784)
Property Details
| MLS® Number | A2302014 |
| Property Type | Multi-family |
| Community Name | Riverside Meadows |
| Parking Space Total | 4 |
| Plan | 8079af |
Building
| Architectural Style | Bi-level |
| Constructed Date | 1976 |
| Size Interior | 1,701 Sqft |
| Total Finished Area | 1701 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 10400.00 |
| Size Total | 10400 Sqft|7,251 - 10,889 Sqft |
| Size Total Text | 10400 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | R-l |
https://www.realtor.ca/real-estate/29611175/5906-60-street-red-deer-riverside-meadows
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April 18 2026 05:52:03
Calgary Real Estate Board
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