MULTI FAMILY DEVELOPMENT SITE! This home is being sold as part of a block of 4 lots offering approximately 0.70 acres and R-M zoning for a multi-family redevelopment. Situated just one block from the Red Deer Hospital with easy access to downtown and the amenities of Red Deer’s South end. The existing home is currently rented for $1345/mo with tenants paying all utilities. Current lease expires on Sept 30, 2026 and same tenants have been in place since 2017. This property is being offered as part of a 4 lot package along with 3 other adjacent properties MLS# A2304631, A2304622, and A2304621. Each lot frontage is approximately 50'.
Address
5130 37 Street
List Price
$249,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Red Deer
Sub-Area
South Hill
Bedrooms
3
Bathrooms
2
Floor Area
829 Sq. Ft.
Lot Size
5919 Sq. Ft.
Year Built
1945
MLS® Number
A2304634
Listing Brokerage
RE/MAX real estate central alberta
Basement Area
Full
Postal Code
T4N 0V8
Zoning
R-M
Site Influences
Back Lane, Back Yard, Corner Lot, Front Yard, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Rectangular Lot, Sidewalks, Street Lights
