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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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


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Listed by CIR Realty
Ken Rigel

Ken Rigel

Team Lead

+1(403) 207-1748

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5553 45 AVE