7 Nyberg Avenue , Red Deer, Alberta T4P 1R5 For sale

$679,000

Area 2013 sqft
Year Built 1978
Car Parking 4
Type Multi-Family

About 7 Nyberg Avenue

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:51989)

Features of 7 Nyberg Avenue

  • MLS® Number A2281785
  • Price $679,000
  • Square Footage: 2013 sqft
  • Property Type: Multi-Family
  • Community Name: Normandeau
  • Features Back Lane
  • Parking Space Total 4
  • Plan 7620630

Buildings

Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer Constructed Date 1978
Flooring Type Carpeted, Linoleum, Vinyl Foundation Type Poured Concrete
Size Interior 2013 Sqft Total Finished Area 2013 Sqft
Type Multi-family

Parking

Other
Parking Pad

Land

Acreage No Fence Type Fence
Landscape Features Landscaped Size Irregular 8587.00
Size Total 8587 Sqft|7,251 - 10,889 Sqft Size Total Text 8587 Sqft|7,251 - 10,889 Sqft
Zoning Description R-m

Agents and Offices

  • Nolin Maurier
  • Nicole Maurier
  • Office: Realty Experts Group Ltd
  • Aerial
  • Walking Score
What's Nearby

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