4746 55 Street, Red Deer
- Living area: 14696 square feet
- Added: 1 month ago
- Updated: 1 month ago
- Last Checked: 21 hours ago
- Listed by: Real Broker
Listing description
This Other at 4746 55 Street Red Deer, AB with the MLS Number a2268015 listed by Tyler Remington - Real Broker on the Red Deer market 1 month ago at $3,500,000.
Excellent opportunity to acquire a well-maintained 24-unit apartment complex offering strong in-place income with upside potential. The property consists of 6 two-bedroom units, 14 one-bedroom units, and 4 bachelor suites — each individually metered for electricity. Recent capital improvements include a new roof (2020) and a new boiler heating system (2025). Many suites have updated flooring and appliances, and the property has been diligently cared for with consistent maintenance, paint and cleaning. The building features 24 surface parking stalls, each with electrical outlets. Conveniently located near the river, public transit, schools, and shopping, this property appeals to a broad tenant base. With solid current cash flow and market rent growth potential, this is a turnkey investment with additional opportunity for value-add repositioning. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property Details
Key information about 4746 55 Street
Interior Features
Discover the interior design and amenities
Exterior & Lot Features
Learn about the exterior and lot specifics of 4746 55 Street
Location & Community
Understand the neighborhood and community
Tax & Legal Information
Get tax and legal details applicable to 4746 55 Street
Additional Features
Explore extra features and benefits
Nearby Listings Stat Estimated price and comparable properties near 4746 55 Street
Nearby Places Nearby schools and amenities around 4746 55 Street
Price History
October 31, 2025
by Real Broker
$3,500,000
