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4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer
  • 4611 50 Street Red Deer

4611 50 Street, Red Deer, Alberta

$1,599,000

  • 8,488 Square Feet

An exceptional investment opportunity with these EIGHT units, fully rented Condo Townhouse, located in a prime location, just steps away from the park, walking trail, shopping center, and all essential amenities. With ample stall parking on site, this building is perfectly positioned for renters. All eight units are two bed/1.5 bath units, with the potential of adding one extra in the main level. one of the units have been completely renovated. New roofing replaced in 2013. Property has 24 hour video surveillance system. The building has been condominiumized with all 8 individually titled allowing the investor to hold as a long term investment or can sell individually in future. $250/unit/month condo fee currently. $8150/month is the rent income. We have some tenants who stayed in the unit for more than 10 years and we haven't increased their rent yet. Tenants pay their own utilities. (id:23309)

  • Listing ID: A2258892
  • Property Type: Multi-family
  • Year Built: 1978
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Details

  • Ownership: Freehold
  • Parking Spaces: 8
  • Plan: 9320094
  • Transaction: For sale
  • Zoning Description: R-D

Building

  • Appliances: Refrigerator, Stove, Washer & Dryer
  • Constructed Date: 1978
  • Construction Style Attachment: Attached
  • Fireplace Present: False
  • Size Interior: 8488 sqft
  • Stories Total: 2
  • Total Finished Area: 8488 sqft
  • Type: Multi-Family

Land

  • Size Irregular: 12450.00
  • Size Total: 12450 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 4611 50 Street in Red Deer Alberta. It was last modified on September 26th, 2025. Contact Jonathan Varkey to schedule a viewing or to discover other Red Deer real estate for sale.

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