5928 52 Avenue , Red Deer   ||   $499,000

DETAILS

MLS® NUMBER A2349937
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 5
BATHROOMS 3
SQUARE FOOTAGE 1287 Square Feet
YEAR BUILT 2015
BASEMENT None
GARAGE No
TOTAL PARKING 2
INVESTOR ALERT! Welcome to this well-maintained corner-unit home in Riverside Meadows, offering an excellent opportunity for investors seeking a property with flexible living arrangements, a legal basement suite, and strong rental potential.
The bright main level features a large east-facing window, bringing in plenty of natural light, along with new hardwood flooring throughout the main living spaces. The main floor offers three bedrooms, while the fully developed legal basement suite provides an additional two bedrooms, giving the property a total of five bedrooms.

The legal basement suite adds significant value and flexibility, featuring a large family room, separate laundry, and a separate entrance. The suite is currently occupied by long-term tenants who are willing to stay, providing a potential opportunity for a new owner to maintain the existing tenancy and rental income, subject to the applicable tenancy terms.

Outside, you'll find a large deck, perfect for entertaining or relaxing, along with newer fencing for added privacy. Parking is another major advantage, with six parking spaces in total, including two spaces at the rear of the property and three additional spaces within the gated RV parking area.

The home also features a high-efficiency heating system, adding to its overall appeal for both homeowners and investors.

Located in Riverside Meadows, this property offers convenient access to local amenities, services, and transportation routes. Whether you're looking to expand your rental portfolio, house-hack, or purchase a property with multiple income-producing options, this is an opportunity worth taking a closer look at.

Key Investor Features:

Legal 2-bedroom basement suite
Long-term basement-suite tenants willing to stay
5 bedrooms total
3 bedrooms on the main level
Separate suite entrance
Separate laundry
Large basement family room
New hardwood flooring
Large east-facing window
High-efficiency heating system
6 parking spaces / gated RV parking spaces
2 additional rear parking spaces
Large deck
Newer fencing
Corner-unit location
Riverside Meadows
Excellent rental and house-hacking potential
Listing Brokerage: RE/MAX First

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 1:00 a.m.

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