Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
Red Deer, AB T4P 1R5,7 Nyberg AVE
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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 4 plex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 2086.0

Square Footage 2,086 sqft

Price per Sqft $330

Subdivision Normandeau

MLS Listing ID A2264661

Year Built 1978

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 4 plex

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!

Location

Province AB

Zoning R-M

Interior

Interior Features Laminate Counters

Heating Boiler

Flooring Carpet, Linoleum, Vinyl

Fireplace No

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Parking Features Alley Access, Off Street, Parking Pad

Fence Fenced

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Landscaped

Dwelling Type Four Plex

Foundation Poured Concrete

Others

Restrictions None Known

Listed by Realty Experts Group Ltd
Michael Smith

+1(403) 919-2247

michael@mstrealty.ca

#700-1816 Crowchild Trail NW, Calgary, AB, T2M 3Y7, CAN

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