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Dusty Smith Team
Dusty Smith Team
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4609 46 Street
Red Deer, AB
MLS# CA0158723 ID: 55922156
4 BR • 2 BA
Property Description
Mortgage Helper? or Income Maker! 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.
Property Features
Last Updated April 29, 2019
Market Status Available
Property Type Multi Family
Year Built 1957
Bedrooms 4
Bathrooms 2 full