23 Nordegg Crescent
Red Deer
T4P 2B8
$650,000
Multi-Family
2,080 sq. ft.
built: 1981
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2201462
- Year Built:
- 1981
- Photos (26)
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Nicely renovated 4plex in a quiet location. Nicely renovated and updated with new windows throughout, 4 newer furnaces, shingles (6-7 yrs old approx), and one suite was fully renovated in the last 6 months. One suite is largely original but in great condition, two other suites have been renovated and updated over the years. Building has always been easy to keep full and current tenants have been there long term. Current rents are $1000, $1050, $1050, and $1250 and can all be raised to market rent ($1500+) with 3 months notice to the tenants. Tenants all pay their own power and gas, landlord pays water/sewer/garbage. Lots of parking is available in the front and back. Building will provide well over 8% return once rents have been raised to market prices. This well cared for and well maintained building will make a great addition to any portfolio or a great starting point for anybody looking to invest in rental real estate!
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
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- Home Style:
- Bi-Level
- Total Living Area:
- 2,080 sq. ft.
- Main Level Finished Area:
- 2,080 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Bi-Level
- Year built:
- 1981 (Age: 44)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 7720983
- Heating:
- Forced Air, Natural Gas
- Basement:
- Finished, Full
- Foundation:
- Wood
- Construction Material:
- Brick, Stucco, Wood Frame
- Structure Type:
- Four Plex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Linoleum, Vinyl
- Garage:
- 0
- Parking:
- Alley Access, Off Street, On Street, Stall
- Parking Places:
- 6
- Parking Total/Covered:
- 6 / -
- Laundry Features:
- In Unit
- Normandeau (Red Deer)
- Refrigerator, Stove(s), Washer/Dryer
- Fridge x3, Stove x3, Washer/Dryer x3
- None Known
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Interior Features:
- Ceiling Fan(s), Closet Organizers, Laminate Counters, Separate Entrance, Storage
- Exterior Features:
- Private Entrance
- Patio And Porch Features:
- Deck
- Lot Features:
- Back Lane, Interior Lot
- Num. of Parcels:
- 0
- Region:
- Red Deer
- Zoning:
- R-M
- Listed Date:
- Mar 12, 2025
- Days on Mkt:
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Listed by RE/MAX real estate central alberta
Data was last updated March 14, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $939,000
- Min list price:
- $630,000
- Max list price:
- $3,780,000
- Avg days on market:
- 71
- Min days on market:
- 2
- Max days on market:
- 191
- Avg price per sq.ft.:
- $303.65
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations.
- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
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