4120 50 ST #4120 new

Red Deer,AB T4N 1W7

$ 399000

5 Beds

3 Baths

1440 SqFt


Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $277

Subdivision Michener Hill

MLS Listing ID A2179653

Style Bungalow,Side by Side

Bedrooms 5

Full Baths 3

Year Built 1952

Annual Tax Amount $2,720

Tax Year 2024

Lot Size 7,500 Sqft

Property Description

Exceptional investment opportunity! This well-maintained duplex, located at 4118 and 4120, offers flexibility for multi-generational living or a steady rental income stream. Both 4118 and 4120 are two-bedroom, one-bathroom units, with Unit 4120 also featuring a legal suite for added income potential or versatility. Each unit includes spacious layouts, modern finishes, separate entrances, and its own fenced backyard, as well as front and back decks for outdoor enjoyment. Upgrades include shingles and eavestroughs in 2007, windows, doors, furnaces, and three washer/dryer sets in 2006, and hot water tanks installed in 2006 and 2022. The lower suite of 4120 was tastefully remodeled in 2021, adding fresh appeal. Conveniently located near schools, parks, and shopping, this versatile property is a must-see for investors or those looking to offset their mortgage!

Location

Province AB

County Red Deer

Zoning R1

Interior

Heating Forced Air,Natural Gas

Cooling None

Flooring Vinyl Plank

Inclusions shed

Laundry Multiple Locations,See Remarks

Exterior

Garage Off Street

Garage Description Off Street

Fence Fenced

Community Features Schools Nearby,Shopping Nearby

Roof Type Asphalt Shingle

Exposure S

Building

Lot Description Back Lane

Foundation Poured Concrete

Structure Type Vinyl Siding,Wood Frame

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