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Renanza Realty
For sale

56 Cosgrove Crescent

Red Deer, Alberta

MLS® A2336023

$675,000

Status
Active
Property type
Multi-family
MLS® number
A2336023
Bedrooms
Bathrooms
Year built
1981

Listing description

Excellent Fourplex Investment Opportunity in the Desirable Clearview Area. Here's a rare opportunity to own a well performing fourplex with strong rental appeal and long term income potential. This property features four spacious three bedroom bilevel units, each with two off-street, energized parking stalls for a total of eight stalls.

All four units have long-term tenants, providing stable and reliable cash flow all year round. One unit is currently undergoing renovations which adds value while enhancing the future rental potential. The property is fully fenced and includes a shed for property maintenance tools and equipment.

Perfectly located close to schools, the Collicutt Center, parks, walking trails, shopping and public transit, an ideal location for tenants and investors alike.

Property summary

MLS® number
A2336023
Property type
Multi-family
Building type
Multi-Family
Square footage
1,991 sq ft
Title
Freehold
Land size
7551 square feet
Built in
1981
Annual property taxes
$6,941.00
Parking
8 spaces · Parking Pad, Other
Days on market
35 days

Features & details

Heating
Forced air, Natural gas
Architectural style
Bi-level

What would this home cost you?

Based on the $675,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,141 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Red Key Realty & Property Management, Red Deer.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.