5928 52 AVE, Red Deer, AB T4N4K6
5928 52 AVE, Red Deer, AB T4N4K6
5928 52 AVE, Red Deer, AB T4N4K6
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$499,000
Est. payment /mo
5 Beds
3 Baths
1,286 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1286.52

Square Footage 1,286 sqft

Price per Sqft $388

Subdivision Riverside Meadows

MLS Listing ID A2349937

Style Bungalow

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 2015

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Detached

Property Description

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

Location

Province AB

County 0262

Community Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Zoning r-m

Rooms

Basement Separate/Exterior Entry, Full, Finished

Interior

Interior Features Closet Organizers, Laminate Counters, No Animal Home

Heating Central

Cooling None

Flooring Laminate

Fireplace No

Appliance Dishwasher, Dryer, Electric Stove

Laundry Multiple Locations

Exterior

Exterior Feature Private Entrance, Private Yard

Parking Features Off Street, RV Access/Parking

Fence Fenced

Community Features Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Patio

Total Parking Spaces 2

Garage No

Building

Lot Description Back Lane, Corner Lot

Dwelling Type House

Faces E

Story Bi-Level

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories Bi-Level

New Construction No

Others

Restrictions None Known


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Listed by RE/MAX First

Nearby Locations

Michele Gale
Michele Gale

Agent License ID: 523120

+1(403) 863-7532 | mgale@redlinerealestate.ca

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