Realty Executives Alberta Elite

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4911 55 St
Red Deer Alberta T4N 2J3 Canada

$699,900real estate property listed by Realty Executives real estate property listing

Active Listing ID A2076257
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Built in 1977
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Multi Family

$699,900real estate property listed by Realty Executives real estate property listing

Active Listing ID A2076257

4911 55 St Excellent investment opportunity in this fully rented 6-plex in the heart of Red Deer. The ground level features 2-large, 2 bedroom units with walk out patios and dens. The upper levels have 1 bedroom loft units with spiral staircases, open concept living areas, 1.5 baths and individual private decks. Unit and common area updates include lighting, kitchens and baths, flooring and some windows and doors. Both the boiler and hot water tank are in excellent condition making this investment a turn key. Rental income is $6520.00 monthly with the last unit being increased on October 1.

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Property Features

  • Facts
  • Built in: 1977
  • Property Type: Commercial
  • Property Sub-type: Multi Family
  • Features
  • Roof Type: Asphalt Shingle, Flat, Membrane
  • Heating Systems: Boiler, Natural Gas


  • Class Description: Listing
  • Additional Parcels YN: 0
  • Building Area Total: 2877.25
  • Building Area Total Metres: 267.30
  • Building Area Total SF: 2877.25
  • Building Name: Kingston Court
  • Business YN: 0
  • City: Red Deer
  • Construction Materials: Wood Frame
  • County Or Parish: Red Deer
  • Days On Market: 4
  • DOM Date: 2023-08-29T15:56:55.557
  • Ensuite YN: 0
  • Foundation Details: Poured Concrete
  • Frontage Length: 27.43M 90`0"
  • Garage YN: 0
  • Heating: Boiler, Natural Gas
  • Inclusions: 6 Stoves, 6 Fridges, 6 Dishwashers - built in
  • Latitude: 52.27365440
  • List Agent Full Name: Tamara Janzen
  • Listing Id: A2076257
  • List Office Name: Realty Executives Alberta Elite
  • List Price: 699900.00
  • Longitude: -113.81245480
  • Lot Features: Back Lane
  • Main Level Finished Area Units: SquareFeet
  • Mls Status: Active
  • Parking Total: 6
  • Postal Code: T4N 2J3
  • Property Sub Type: Multi Family
  • Property Type: Commercial
  • Restrictions: None Known
  • Roof: Asphalt Shingle, Flat, Membrane
  • Standard Status: Active
  • State Or Province: Alberta
  • Street Name: 55 St
  • Street Number: 4911
  • Structure Type: Low Rise (2-4 stories)
  • Subdivision Name: Downtown Red Deer
  • Upper Level Finished Area Units: SquareFeet
  • Year Built: 1977
  • Zoning: C1
Listing Changed: 8/29/2023 4:00:05 PM GMT
Source Updated Date: 9/24/2023 2:14:41 AM GMT

Courtesy of: Tamara Janzen, Realty Executives Alberta Elite, 403-342-4455

Copryright 2022 RANW MMLS- All Rights Reserved.

Information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information received from other 3rd parties: All information deemed reliable, but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless