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3930 55 Avenue
Red Deer Alberta T4N4N4 Canada

$1,500,000

Active Listing ID A2358454
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7,680 square feet
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Multi-family

$1,500,000

Active Listing ID A2358454
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3930 55 Avenue Bon Air Manor in West Park offers 12 two-bedroom suites with an opportunity to improve rental income. Offered at $1, 500, 000, or $125, 000 per suite, this 3 floor, walk-up apartment building features generous sized 800 sq ft suites with balconies, shared laundry facilities and 12 on-site surface parking stalls with power.Improvements include renovations to three suites, balcony railing upgrades and replacement of approximately 40% of the windows. Current rents are well below market leaving room for future growth as suites are improved and rents increase over time. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Heating Systems: Natural gas
Listing Changed: 11/14/2026 11:40:02 PM GMT
Source Updated Date: 11/15/2026 8:48:04 AM GMT

Courtesy of: Dale Russell, Broker, RE/MAX real estate central alberta