3606 55 Avenue Red Deer, AB T4N4N2

$375,000
5
Beds
2
Baths
0.17
Acres
1,088
SQFT
345
$/SQFT
$375,000
5
Beds
2
Baths
1,088   sf
$345 / sf
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Welcome to this legally suited bungalow in the heart of West Park—an excellent investment opportunity in one of Red Deer’s most established neighbourhoods. With separate living spaces, numerous updates, and a fantastic location close to schools, parks, shopping, and Red Deer Polytechnic, this property is perfectly suited for investors or those looking to offset their mortgage with rental income. The main floor is currently vacant, making it ideal for a new tenant or owner occupancy. It features a functional layout with three spacious bedrooms, a full 4-piece bathroom, and brand new carpet throughout. Large vinyl windows (updated in 2015) provide plenty of natural light, creating a bright and welcoming living space. The legal basement suite is currently rented and has been thoughtfully renovated, offering a modern and comfortable layout with two bedrooms, one bathroom, and stylish finishes throughout. The suite renovation was completed in 2012, with basement vinyl windows replaced in 2011, making it an attractive and low-maintenance rental. Outside, you’ll find a mature, private backyard with an upgraded fence and convenient access to the single detached garage as well as two storage sheds. The generous lot also provides ample room for additional parking or the potential to build a larger garage if desired. Additional upgrades include an updated furnace, hot water tanks, and vinyl windows throughout, giving buyers added confidence in the home’s long-term value. Whether you’re expanding your investment portfolio or looking for a property with reliable income potential, this well-maintained, legally suited home in a prime West Park location is an opportunity you won’t want to miss! (id:32750)

Welcome to this legally suited bungalow in the heart of West Park—an excellent investment opportunity in one of Red Deer’s most established neighbourhoods. With separate living spaces, numerous updates, and a fantastic location close to schools, parks, shopping, and Red Deer Polytechnic, this property is perfectly suited for investors or those looking to offset their mortgage with rental income. The main floor is currently vacant, making it ideal for a new tenant or owner occupancy. It features a functional layout with three spacious bedrooms, a full 4-piece bathroom, and brand new carpet throughout. Large vinyl windows (updated in 2015) provide plenty of natural light, creating a bright and welcoming living space. The legal basement suite is currently rented and has been thoughtfully renovated, offering a modern and comfortable layout with two bedrooms, one bathroom, and stylish finishes throughout. The suite renovation was completed in 2012, with basement vinyl windows replaced in 2011, making it an attractive and low-maintenance rental. Outside, you’ll find a mature, private backyard with an upgraded fence and convenient access to the single detached garage as well as two storage sheds. The generous lot also provides ample room for additional parking or the potential to build a larger garage if desired. Additional upgrades include an updated furnace, hot water tanks, and vinyl windows throughout, giving buyers added confidence in the home’s long-term value. Whether you’re expanding your investment portfolio or looking for a property with reliable income potential, this well-maintained, legally suited home in a prime West Park location is an opportunity you won’t want to miss! (id:32750)

Listed by:
Century 21 Maximum

Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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Property details

Community Features

  • No HOA

Waterfront

  • Water Access

Exterior features

  • Fence

Style

  • Bungalow
  • One Story
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