5553 45 AVE, Red Deer, AB t4n1l2
5553 45 AVE, Red Deer, AB t4n1l2
5553 45 AVE, Red Deer, AB t4n1l2
5553 45 AVE, Red Deer, AB t4n1l2
5553 45 AVE, Red Deer, AB t4n1l2
5553 45 AVE, Red Deer, AB t4n1l2
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$ 919,000
Est. payment | /mo

5,090 SqFt


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$ 919,000
Est. payment | /mo
Save

5,090 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,090 sqft

Price per Sqft $180

Subdivision Waskasoo

MLS Listing ID A2296157

Year Built 1960

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Multi Family

Property Description

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!

Location

Province AB

Zoning R-M

Interior

Fireplace No

Exterior

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Others

Restrictions None Known

Listed by CIR Realty

Schools and Properties Nearby

Learn More About LPT Realty

Have a question? Send us a message and we'll get back to you shortly.
Jason Walz

Agent

+1(403) 505-0039 | jwalz@walzrealestategroup.ca

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5553 45 AVE