3918 50 ST Red Deer, AB t4n 1w3
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 897.0
Square Footage 897 sqft
Price per Sqft $390
Subdivision Michener Hill
MLS Listing ID A2358524
Style Bungalow
Bedrooms 4
Full Baths 1
HOA Y/N No
Year Built 1953
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Detached
Property Description
The main floor offers 2 bedrooms,a good-sized living room,a cozy kitchen,and a 4-piece bath. The legal basement suite mirrors that layout with 2 bedrooms,a 4-piece bath,a full kitchen,and a separate living area. Each suite has its own in-suite laundry,and the suites are separately heated and ventilated,which keeps tenant comfort high and utility allocation simple.
Additional features include a double car garage with additional off-street parking,plus a fully fenced shared yard.
A solid addition for investors looking to build a portfolio,or for an owner-occupier who wants help carrying the mortgage. Newer legal suite construction means less capital risk than older conversions,and with stable rental income and low tenant utility exposure,the numbers are easy to underwrite.
Location
Province AB
County 0262
Zoning R-M
Location Details Suite Attached/Within Primary Dwelling
Rooms
Basement Full, Finished, Separate/Exterior Entry, Suite
Guest Accommodations Basement
Interior
Interior Features Laminate Counters, No Smoking Home, Tankless Hot Water
Heating Baseboard, Boiler, Make-up Air, Forced Air, Natural Gas, Radiant
Cooling None
Flooring Hardwood, Vinyl
Fireplace No
Appliance Range, Range Hood, Refrigerator, Washer/Dryer, Washer/Dryer Stacked, Window Coverings
Laundry In Basement, Lower Level, Main Level
Exterior
Exterior Feature Private Entrance, Private Yard
Parking Features Double Garage Detached, Off Street, Parking Pad
Garage Spaces 2.0
Fence Fenced, Partial
Community Features None
Roof Type Asphalt
Porch None
Total Parking Spaces 5
Garage Yes
Building
Lot Description Back Lane, Back Yard, Private
Dwelling Type House
Faces S
Story One
Foundation Poured Concrete
Architectural Style Bungalow
Dwelling Type Suite Attached/Within Primary Dwelling
Level or Stories One
New Construction No
Others
Restrictions None Known