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5553 45 AVE Red Deer, AB t4n1l2
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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Waskasoo
MLS® Listing ID A2296157
Sold Date 05/20/26
Year Built 1960
Annual Tax Amount $6,587
Tax Year 2025
Lot Size 0.257 Acres
Acres 0.26
Property Sub-Type Multi Family
Source Central Alberta
Property 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!
Location
Province AB
County Red Deer
Zoning R-M
Others
Restrictions None Known
Tax ID 102722342
Ownership Private
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