Situated just steps from the Red Deer Hospital and close to shopping, restaurants, and groceries, this large 47' x 120' lot is zoned R-M, which permits multi-family development. The existing home is currently rented for $1,500/mo with the tenants paying all utilities. This older but well-maintained home has seen minor renovations including an updated kitchen and a newer high-efficiency furnace. It offers 2 bedrooms on the main floor and a 3rd bedroom in the basement with its own 2-piece bathroom, plus a large rec room. There is a single detached garage at the back, and the lot is fully fenced with a large yard.
Address
3506 51 Avenue
List Price
$289,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Red Deer
Sub-Area
South Hill
Bedrooms
3
Bathrooms
2
Floor Area
785 Sq. Ft.
Lot Size
5665 Sq. Ft.
Year Built
1955
MLS® Number
A2315477
Listing Brokerage
RE/MAX real estate central alberta
Basement Area
Full
Postal Code
T4N 4G2
Zoning
R-M
Site Influences
Back Lane, Back Yard, Front Yard, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Sidewalks, Street Lights