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AB > Red Deer > Eastview
Red Deer, AB T4N 1L5,3721 46 ST
Red Deer, AB T4N 1L5,3721 46 ST
Red Deer, AB T4N 1L5,3721 46 ST
Red Deer, AB T4N 1L5,3721 46 ST
Red Deer, AB T4N 1L5,3721 46 ST
Red Deer, AB T4N 1L5,3721 46 ST
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Sunny Banipal

Sunny Banipal

+1(403) 714-7754
$ 395,000
Est. payment | /mo

3 Beds

2 Baths

833 SqFt

Save Virtual Tour
$ 395,000
Est. payment | /mo
Save Virtual Tour

3 Beds

2 Baths

833 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 833.34

Square Footage 833 sqft

Price per Sqft $474

Subdivision Eastview

MLS Listing ID A2251283

Style Bungalow

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1957

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Detached

Property Description

Welcome to this excellent investment opportunity in the family-friendly Eastview neighborhood. This property offers a versatile setup, perfect for a homeowner looking to supplement their mortgage with rental income or for an investor seeking a strong return on investment in Red Deer. The home features a practical layout with a 2-bedroom main floor unit and a very large 1-bedroom legal suite on the lower level, each with its own entrance- front and back. Both suites are rented to long-term tenants who would love to stay. The upstairs unit, which also includes use of the heated double garage, rents for $1,800 per month, while the downstairs suite rents for $975 per month. Utilities are included in rent. Together, the property generates a total monthly income of $2,775—all at an attractive purchase price of just $395,000. That's an outstanding buy with immediate cash flow in place. Several upgrades have already been completed. Both suites come equipped with appliances, including two fridges, two stoves, plus a washer and dryer in common space, making this a turnkey income property.The outdoor space is a highlight. A deck with built-in benches overlooks the backyard, perfect for relaxing or entertaining. The fully fenced yard facing south with mature trees adds privacy, shade and character to the lot. The oversized heated garage at the back with alley access is a rare find and adds even more value for tenants. Utilities are included in the rent. The seller pays them directly, and they are not split between tenants, making it simple and appealing for renters. Both rental agreements are month-to-month, giving the new owner flexibility, yet with the benefit of stable tenants who have been in place long term ( 12 years). The surrounding neighborhood is peaceful and welcoming, with great neighbors and a true community feel that keeps tenants happy. Whether you are looking for a low-cost home with potential or want to grow your real estate portfolio with a reliable, income-producing property, this Eastview home offers it all. With steady monthly income, excellent tenants and an attractive price, this is truly a rare find. At just $395,000, generating $2,775 in monthly income, this is one of the best buys on the market today. Opportunities like this don't last long.

Location

Province AB

Community Schools Nearby, Sidewalks, Street Lights

Zoning R-D

Rooms

Basement Finished, Full, Separate/Exterior Entry, Suite, Walk-Up To Grade

Interior

Interior Features Open Floorplan

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Ceramic Tile, Linoleum

Inclusions Suite Fridge, Suite Stove, Shed

Fireplace Yes

Appliance Dryer, Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer

Laundry In Basement

Exterior

Exterior Feature Other, Private Yard

Parking Features Double Garage Detached, Oversized

Garage Spaces 2.0

Fence Fenced

Community Features Schools Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 2

Garage Yes

Building

Lot Description Landscaped, Wooded

Dwelling Type House

Faces N

Story One

Foundation Block

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Restrictions None Known

Virtual Tour 2 https://unbranded.youriguide.com/3721_46_st_red_deer_ab/

Virtual Tour https://unbranded.youriguide.com/3721_46_st_red_deer_ab/

Listed by RE/MAX real estate central alberta

Go tour this home

3721 46 ST

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