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

MLS® # A2336023
new listing
Investment For Sale In Clearview Meadows, Red Deer, Alberta
$675,000
56 Cosgrove Crescent, Red Deer, AB - Outdoor
56 Cosgrove Crescent, Red Deer, AB - Outdoor
56 Cosgrove Crescent, Red Deer, AB - Outdoor
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Bathroom
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Basement
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Laundry Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Laundry Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
56 Cosgrove Crescent, Red Deer, AB - Outdoor
56 Cosgrove Crescent, Red Deer, AB - Outdoor
56 Cosgrove Crescent, Red Deer, AB - Outdoor
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Kitchen With Double Sink
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Bathroom
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Basement
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Laundry Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Laundry Room
56 Cosgrove Crescent, Red Deer, AB - Indoor Photo Showing Other Room
  • Advertising
56 Cosgrove Crescent, Red Deer, AB, T4P 2Z6
$675,000

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 Square Feet

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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Market Price Trends

Single family detached

8.98%

Price change (1 year)

30.33%

Price change (5 years)

All Properties

7.41%

Price change (1 year)

28.41%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

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

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 %

Own Vs. Rent

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