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:49203)
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 Ft2 |
| 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
Contact Us
Contact us for more information
Dean Leischner
Associate Broker
www.linkedin.com/in/dean-leischner-pmp-7343
2, 4405 - 52 Avenue
Red Deer, Alberta T4N 6S4
(403) 358-3883
(403) 250-3226
www.cirrealty.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 16 2026 01:40:14
Central Alberta REALTORS® Association
Cir Realty