Red Deer, AB T4P1R5,7 Nyberg Avenue
Red Deer, AB T4P1R5,7 Nyberg Avenue
Red Deer, AB T4P1R5,7 Nyberg Avenue
Red Deer, AB T4P1R5,7 Nyberg Avenue
Red Deer, AB T4P1R5,7 Nyberg Avenue
Red Deer, AB T4P1R5,7 Nyberg Avenue
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$ 689,000
Est. payment | /mo

2,086 SqFt


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$ 689,000
Est. payment | /mo
Save

2,086 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,086 sqft

Price per Sqft $330

Subdivision Normandeau

MLS® Listing ID A2264661

Year Built 1978

Lot Size 8,587 Sqft

Acres 8587.0

Property Sub-Type Freehold

Source Central Alberta REALTORS® Association

Property Description

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:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Flooring Carpeted, Linoleum, Vinyl

Exterior

Parking Features No

Fence Fence

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Others

Ownership Freehold

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Listed by Realty Experts Group Ltd
Lauren Crouse

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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7 Nyberg Avenue