4609 46 Street, Red Deer, Alberta T4N 1M7 View Full Details
$254,900 MLS®#: 0158723
  • 3 Beds
  • 2 Baths
  • 921sqft
Description: Suite deal in Parkvale! Character home in Great location with Legal suite! 1 block to the east your at Red Deer's finest trail system , 1 block to the west is the Recreation and Culture Center. Main floor home is 2 bedrooms 1 bath, spacious living room with a free standing wood stove and loads of natural light from the large picture window just recently painted. The basement is suited with 1 bedroom 1 bath and ready for tenant. Situated on a double lot , scads of privacy and backs on to park. Great investment opportunity. Rental potential for 1000 up and 700.00 down. Mortgage helper with 5% down (12,750) is $1261.00 pm (variable 3.50%@25 years) rent basement for 700.00...means you only pay 561.00 pm. Income Maker: 20% (51,000) down is $1021.00 pm (variable 3.50%@25 years) rent for 1700.00 profit of $679.00 per month. These are only approximate amounts and do not take into consideration property tax or other variable's.
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