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Home/Property Search/5906 60 Street
123 days on market
$667,777est. $3,464/mo*
5906 60 StreetRed Deer, AB T4N2P8
0Beds
0Baths
1,701Sq Ft
1976Year Built
123On Market

About this home

Exceptional investment opportunity in the Riverside community of Red Deer featuring a well-maintained fourplex situated on a massive lot. This property offers four fully self-contained units, each with two bedrooms, providing an ideal layout for consistent rental income. All units are currently tenanted, making this a true turnkey investment with immediate cash flow.Each suite is thoughtfully designed with its own in-unit laundry, offering added convenience and appeal for tenants. The property also features private balconies for each unit, enhancing livability and long-term rental desirability. The expansive, fully fenced lot provides additional outdoor space and privacy, while also offering potential for future value enhancement.Well-positioned within Red Deer, this property benefits from strong rental demand and a stable tenant base. With separate living spaces, desirable unit features, and solid income potential, this fourplex is an excellent addition to any investment portfolio. (id:54561)

Property details

MLS® NumberA2302014
Property TypeMulti-Family
Lot Size10,400 ft²
Annual Taxes$5,684 (2025)
Parking4 total

Monthly payment

Down payment
20% · $133,555
%
yrs
Principal & interest$3,120
Property tax (est.)$344
All-in monthly*$3,464

*Estimate. Includes principal & interest, an estimated Calgary property-tax mill rate, and the condo fee when the listing has one. Not a lender quote or a substitute for a tax assessment.

123 days on market
$667,777est. $3,464/mo*
5906 60 StreetRed Deer, AB T4N2P8 · Riverside Meadows
MLS® NumberA2302014

Presented by Dana Paes, Real Broker · All prices in CAD