Red Deer, AB T4R 2E4,25 Eastman CRES #A, B, C, D
Red Deer, AB T4R 2E4,25 Eastman CRES #A, B, C, D
Red Deer, AB T4R 2E4,25 Eastman CRES #A, B, C, D
29
$670,000
$675,000
0.7%
Est.Price: ?

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2,254 SqFt

25 Eastman CRES #A, B, C, D Red Deer, AB T4R 2E4

Est. payment /mo
SOLD DATE : 03/04/2025

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Key Details

Sold Price $670,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,254 sqft

Price per Sqft $297

Subdivision Eastview Estates

MLS® Listing ID A2192486

Sold Date 03/04/25

Style Bi-Level

Originating Board Central Alberta

Year Built 1984

Annual Tax Amount $4,076

Tax Year 2024

Lot Size 6,884 Sqft

Acres 0.16

Property Sub-Type 4 plex

Property Description

This well-maintained 4-plex is an excellent investment opportunity, with all four units currently rented to reliable long term tenants. Located at 25 Eastman Crescent, this property offers a steady rental income and has seen numerous updates over the years. Each unit features a 1-bedroom, ½ bath upstairs and a 2-bedroom, full bath downstairs, providing spacious living arrangements for tenants. The property has been converted into a condo, the building holds 4 separate titles but is being sold as a single package, offering flexibility to the new owner. The property boasts a newer roof, vinyl windows throughout, replaced back decks, and updated exterior doors, including screen doors replaced last year. Tenants are responsible for snow removal and lawn care, and all units are clean and well-maintained. Updates have been made in three out of the four units over the years, with one long-term tenant in place for 15 years who has had minimal updates. This property is an ideal choice for investors looking for a solid, income-producing asset in a desirable location. With all units currently rented, this is a hassle-free opportunity to grow your portfolio.

Location

Province AB

County Red Deer

Zoning R2

Rooms

Basement Finished, Full

Interior

Heating Forced Air, Natural Gas

Cooling None

Appliance Gas Stove, Refrigerator, Washer/Dryer

Exterior

Parking Features Alley Access, Off Street, Parking Pad

Garage Description Alley Access, Off Street, Parking Pad

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Garbage Collection, High Speed Internet Available

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Sewer Public Sewer

Water Public

Architectural Style Bi-Level

Structure Type Stucco,Wood Frame

Others

Restrictions None Known

Tax ID 91493531

Ownership Private

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Listed by RE/MAX real estate central alberta

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agent

Oscar Corredor

Agent | License ID: 539113

+1(403) 969-2799

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