About 1-9, 5963 60 A Street
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.
Features of 1-9, 5963 60 A Street
| MLS® # | A2164763 |
|---|---|
| Price | $1,090,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,085 |
| Acres | 0.26 |
| Year Built | 1976 |
| Type | Multi-Family |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1-9, 5963 60 A Street |
|---|---|
| Subdivision | Riverside Meadows |
| City | Red Deer |
| County | Red Deer |
| Province | Alberta |
| Postal Code | T4N6A4 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Electric Stove, Range Hood, Refrigerator, Washer |
|---|---|
| Heating | Boiler |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Roof | Tar/Gravel |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 13th, 2024 |
|---|---|
| Days on Market | 49 |
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty |
|---|