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4625 50 Street
Red Deer AB T4N1X1 Canada

$269,777real estate property listed by Realty Executives real estate property listing

Active Listing ID A1040689
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7 bed
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1,290 square feet
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2.00 Bath
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Freehold

$269,777real estate property listed by Realty Executives real estate property listing

Active Listing ID A1040689
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4625 50 Street WANT TO LIVE FOR FREE? Check out this cashflow generating, legally suited home. You can LIVE UPSTAIRS and the BASEMENT is RENTED for $1510! Just put 5% down and your payment would be $1329 PIT plus $300 util (Total of $1629). With a total rental income of $2010/mo, you live there for free AND have an extra cash flow of $681 every month! BONUS: You could apply to run a business out of this property on the main floor; modify a small living suite for yourself and still rent out the basement.This home has had many upgrades in the last 2 years: extra soundproofing; double drywall, new shingles, new triple glazed windows, new furnace, some new paint, trim & flooring, new soffits, and facia, & hidden surround sound wiring. A nice sized lot. Awesome neighbors! Zoned R1A. Close to parks and shopping. Phenomenal investment opportunity! Dont miss out on this unique property. Its a great home, isnt it! Shouldnt it be yours? (id:203)

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Property Features

  • Facts
  • Property Type: Single Family
  • Property Sub-type: Freehold
  • Land.Acreage: false
  • Address.Subdivision: Parkvale
  • ParkingSpaceTotal: 5
  • Features
  • Cooling System: None
  • Exterior Finish: Stucco
  • Floor Covering: Carpeted, Hardwood, Linoleum, Tile
  • Heating Fuels: Natural gas
  • Heating Systems: Forced air
  • Land.LandscapeFeatures: Lawn
  • Features: Back lane
Listing Changed: 1/15/2021 5:26:45 AM GMT
Source Updated Date: 1/15/2021 10:05:35 PM GMT

Courtesy of: Penny Kander, Salesperson, Realty Executives Alberta Elite

Listing Source - Canadian Real Estate Association

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