Property Details

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Featured in:

Winners:

5553 45 Avenue
Red Deer (A2296157)

$919,000
5,090 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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!

Property details

Basic Info

MLS® #
A2296157
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
Waskasoo
Price
$919,000
Sale/Lease:
For Sale
Size:
5,090 sq.ft.
Year Built:
1960 (66 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
0.26 acres
Zoning:
R-M

Listing Info

Possession:
Immediate,Subject To Tenancy
Days on Market:
16
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Grassroots Realty Group Ltd.
1-833-477-6687

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