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$ 689,000
Est. payment /mo
Active
7 Nyberg Avenue Red Deer, AB T4P1R5
2,086 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,086 sqft
Price per Sqft $330
Subdivision Normandeau
MLS® Listing ID A2264661
Year Built 1978
Lot Size 8,587 Sqft
Acres 8587.0
Property Sub-Type Freehold
Source Central Alberta REALTORS® Association
Property Description
Excellent investment opportunity! This well-maintained 4-plex offers steady rental income and long-term potential for real estate investors. Each self-contained suite features 2 bedrooms, 1 full bathroom, and in-suite laundry for tenant convenience. The property is ideally located close to schools, parks, and within walking distance to Parkland Mall, ensuring strong tenant appeal. Recent building upgrades include new siding, fascia, and downspouts (2025), as well as re-surfaced decks with metal railings and a chain-link fence surrounding the property for added safety and security. Paving blocks were replaced in 2024. Inside, the units were updated approximately 20 years ago with modernized cabinetry, vinyl plank flooring in the basement suites, and carpeted upper units. The lower units feature two separate entrances and a dug-out patio area perfect for BBQs and outdoor seating. A solid, income-producing property with valuable recent improvements and a convenient location—ready to add to your portfolio! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Flooring Carpeted, Linoleum, Vinyl
Exterior
Parking Features No
Fence Fence
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Landscaped
Others
Ownership Freehold
Listed by Realty Experts Group Ltd
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