5553 45 Avenue , Red Deer, Alberta t4n 1l2 For sale

$919,000

Area 5090 sqft
Year Built 1960
Type Multi-Family

About 5553 45 Avenue

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:51989)

Features of 5553 45 Avenue

  • MLS® Number A2296157
  • Price $919,000
  • Square Footage: 5090 sqft
  • Property Type: Multi-Family
  • Community Name: Waskasoo
  • Plan 955mc

Buildings

Constructed Date 1960 Size Exterior 5090 Sqft
Size Interior 5090 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

Agents and Offices

  • Dean Leischner
  • Office: Cir Realty
  • Aerial
  • Walking Score
What's Nearby

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1-403-561-3456