Property Information:

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. .

Inclusions: 4 Fridges, 4 Stoves, 4 Washers, 4 Dryers, all window coverings not belonging to tenants, Shed

Building Features:

Total Finished Area: 1991.00

Property Features:

Architectural Style: Bi-Level
Built in: 1981
Floor Space (approx): 1991.00 Square Feet
Foundation Details: Wood
Heating: Forced Air, Natural Gas
Lot Size: 7551.00 Square Feet
Parking Features: Additional Parking, Off Street, Parking Pad, Plug-In, Side By Side
Roof: Asphalt Shingle
Zoning: R-M
No. of Parking Spaces: 8

Courtesy of: Red Key Realty & Property Management

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Demographic Information of 56 Cosgrove Crescent, Red Deer, AB, T4P 2Z6

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$105,213.08

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.75 %

High school certificate or equivalent

33.38 %

Apprenticeship trade certificate/diploma

9.53 %

College/non-university certificate

26.63 %

University certificate (below bachelor)

1.2 %

University Degree

16.51 %

Commuter

Travel To Work

By Car

92.0 %

By Public Transit

1.41 %

By Walking

1.11 %

By Bicycle

0.6 %

By Other Methods

4.88 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.02 %

Houses

86.98 %

56 Cosgrove Crescent, Red Deer, AB, T4P 2Z6