53 st

4 Bedroom House has been listed for sale at 4738 53 St in Red Deer for $395,000. Chat with a local expert, book a tour.

Red Deer

Downtown

4738 53 St

4738 53 St, For Sale in Red Deer - eXp Commercial Brokerage

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This is a True Cash Flowing Gem with amazing Tenants both up and down! This Legally Suited home has had everything done! New Kitchens, Flooring, Quartz Counter tops, Custom Tile Work, New Bathrooms, Stainless Steel Appliance in the Upper Suite, Newer Washers and Dryers in both Suites, Electrical has been upgraded. Zoned R3, this is an excellent Investment Opportunity!

House Hack! This legally suited 2+2 home is owner occupied. It’s a real sweetheart and has been renovated with a gorgeous new main floor kitchen with custom tile work, quartz countertops in both the kitchen and bathroom, new flooring, baseboards, and paint. Previous upgrades include some newer windows, shingles, gutters, High Efficiency furnace, and hot water tank. There is a metal roof on the single detached garage with room to build a new garage or park your RVs and toys. This property has the added bonus of being located on an R3 lot (multifamily zoning) for increased future value. Live upstairs and rent out the two-bedroom basement suite. With 5% down, your payment could be as low as $500 PI. Conveniently located for a walkable lifestyle. It’s a great home isn’t it! Shouldn’t it be yours?

LEGAL SUITE - 4 bed/2 bath/detached garage/huge yard! This type of property is extremely sought after as it is zoned R3 (Multi Family)!!! Conveniently located across the street to Central Middle School; 1/2 block to Celebration Plaza; 5 minute walk to Coronation Park; 10 minute walk to River trails; and 20 minute walk to Kerry Wood Nature Centre. This unique 1947 property has had many upgrades including some new windows, new shingles &amp; gutters, furnace, hot water tank, plumbing &amp; electrical on the home itself and a metal roof on the garage. The yard is huge and completely fenced with plenty of room to build an additional/bigger garage. The front &amp; backyard are completely landscaped and fully fenced with rear alley access to a triple vehicle parking space beside the single detached garage. Most Lenders can provide flexible financing options such as Purchase Plus Improvement Mortgages to build a garage and/or for renovations/upgrades. This R3 (Multi Family) property is an excellent investment/revenue opportunity! ***Please Note: The entire property is currently rented out under legal contract till August 31, 2021 to one family for $1400/mo NOT including utilities. This can be used as income in the mortgage application process to the lending institution for financing approval!!!***

4738 53 St, Red Deer, AB

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