5553 45 Avenue Red Deer, Alberta t4n 1l2
$919,000
Great opportunity for the savvy investor! This well-maintained building features six 2-bedroom suites. Live in one suite while generating income from the others, or rent out all six units for strong cash flow.The roof was redone in 2010 with durable 2-ply torch-on roofing. Ideally located in an easily accessible neighborhood close to schools and just minutes from downtown, making for a convenient commute.Numerous building and unit upgrades have been completed over the years, including a hot water tank (2023) and boiler (2025). A solid investment opportunity you won’t want to miss! (id:57810)
Property Details
| MLS® Number | A2296157 |
| Property Type | Business |
| Community Name | Waskasoo |
| Plan | 955mc |
Building
| Constructed Date | 1960 |
| Size Exterior | 5090 Sqft |
| Size Interior | 5,090 Sqft |
| Total Finished Area | 5090 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 11200.00 |
| Size Total | 11200 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Size Total Text | 11200 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | R-m |
https://www.realtor.ca/real-estate/29512857/5553-45-avenue-red-deer-waskasoo
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April 01 2026 12:09:18
Central Alberta REALTORS® Association
Cir Realty