5553 45 Avenue

Multi Family For Sale in Waskasoo, Red Deer

$919,000
  • Built 1960
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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!
Address
5553 45 Avenue
List Price
$919,000
Property Type
Commercial
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Red Deer
Sub-Area
Waskasoo
Lot Size
11200 Sq. Ft.
Year Built
1960
MLS® Number
A2296157
Listing Brokerage
CIR Realty
Postal Code
t4n1l2
Zoning
R-M
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Lime Green Realty Inc

Office: 403-505-0066

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Red Deer AB

The data included in this display is deemed reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association. The Real Estate listing information and related content displayed on this site is provided exclusively for consumers. personal, non-commercial use and, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate.

* Compared to a typical rate of 6% on the first $100,000 and 3% on the balance of the sale price, not applicable for agent or relocation referrals.

* *Get paid up to $1,500 in cash-back when you purchase with Lime Green Realty®. Ask us for details. ***$4,000 flat fee commission only applicable on properties listed up to $600,000. 1% listing commission applicable on properties over $600,000.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Lime Green Realty® Central is a licensed user of the Lime Green Realty® trademark. Lime Green Realty® is owned by Lime Green Realty Franchising Inc.