This fully rented 9-suite apartment building is an excellent investment opportunity, offering immediate cash flow and stable rental income. The building consists of eight spacious units, each with two bedrooms and a 4-piece bath, as well as one cozy 1-bedroom unit. Six of the units feature private balconies, adding extra appeal for tenants and boosting rental value. The location is highly desirable, with three schools—Fairview, GH Dawe, and Gateway School— close by making it ideal for families. Tenants will also benefit from the nearby bus stop and an abundance of local amenities within 5-10 minutes drive, including shopping, parks, and restaurants, ensuring convenience and a strong demand for the units. This property is a rare find, offering both stability and growth potential for the savvy investor.More details
Well cared for and fully occupied 6-plex in a great location close to transit and very walkable! This well maintained building has units recently updated and renovated in the past 2 years. The monthly rents range from $1,065 - $1,380 (including utilities) but are below market value. Units are separately metered. 5 – 2 bedroom units with 4 pc bathroom, storage room, kitchen, dining area and living room with sliding door to balcony, 1 – 1 bedroom unit with 4 pc bathroom, storage room, kitchen, dining area and living room. Building also offers shared laundry room, parking stalls with plug ins, large utility room and mature trees.More details
Great Red Deer Investment. Riverside Meadows 4 plex. Triple mature lot with off street parking. Shared Laundry, tenants pay power only. Upgrades include new roof and flooring in units. Long term tenants in place. Great location close to schools and bus routes. Two (2) bedroom suites and two (2) one bedroom suite.More details
Data was last updated October 4, 2024 at 02:05 AM (UTC)
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