5553 45 Avenue , Red Deer   ||   $919,000

DETAILS

MLS® NUMBER A2296157
BUILDING TYPE Multi Family
PROPERTY CLASS Commercial
YEAR BUILT 1960
BASEMENT None
GARAGE No
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!
Listing Brokerage: CIR Realty

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.

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