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  • A, B, C, D 25 Eastman Crescent: Red Deer 4 plex for sale : MLS®# A2192486

    A, B, C, D 25 Eastman Crescent Red Deer Red Deer T4R 2E4
    Main Photo: A, B, C, D 25 Eastman Crescent: Red Deer 4 plex for sale : MLS®# A2192486
    $675,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2192486
    Floor Area:
    2,254 sq. ft.
    This well-maintained 4-plex is an excellent investment opportunity, with all four units currently rented to reliable long term tenants. Located at 25 Eastman Crescent, this property offers a steady rental income and has seen numerous updates over the years. Each unit features a 1-bedroom, ½ bath upstairs and a 2-bedroom, full bath downstairs, providing spacious living arrangements for tenants. The property has been converted into a condo, the building holds 4 separate titles but is being sold as a single package, offering flexibility to the new owner. The property boasts a newer roof, vinyl windows throughout, replaced back decks, and updated exterior doors, including screen doors replaced last year. Tenants are responsible for snow removal and lawn care, and all units are clean and well-maintained. Updates have been made in three out of the four units over the years, with one long-term tenant in place for 15 years who has had minimal updates. This property is an ideal choice for investors looking for a solid, income-producing asset in a desirable location. With all units currently rented, this is a hassle-free opportunity to grow your portfolio. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
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Data was last updated February 28, 2025 at 06:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.