7 Nyberg Avenue Normandeau, Red Deer, Alberta, CA

Address: 7 Nyberg Avenue, Red Deer, Alberta

0 Beds0 Baths2086 sqftStatus: Buy
Price $689,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
2086 sqft
Community Name
Normandeau
Subdivision Name
Normandeau
Title
Freehold
Land Size
8587 sqft|7,251 - 10,889 sqft
Built in
1978
Parking Type
Other,Parking Pad
Building
Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Washer & Dryer
Flooring
Carpeted, Linoleum, Vinyl
Building Features
Features
Back lane
Foundation Type
Poured Concrete
Square Footage
2086 sqft
Total Finished Area
2086 sqft
Parking
Parking Type
Other,Parking Pad
Total Parking Spaces
4
Land
Lot Features
Fencing
Fence
Other Property Information
Zoning Description
R-M
Features
           Back lane            Other            Parking Pad
           Refrigerator            Dishwasher            Stove
           Washer & Dryer
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Your Home Finance Calculation

Property Price CA $689,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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