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A2251283 - 3721 46 Street , Red Deer, Alberta T4N 1L5




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Welcome to this excellent investment opportunity in the family-friendly Eastview neighborhood. This property offers a versatile setup, perfect for a homeowner 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 an exceptionally 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 currently generates a total monthly income of $2,775—all at an attractive purchase price of just $395,000. That is 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. 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. 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 property, this Eastview home offers it all. With excellent tenants and an attractive price, this is truly a rare find. At just $395,000, currently generating $2,775 in monthly income, this is one of the best buys on the market today. Opportunities like this do not last long.

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ESSENTIAL
MLS®:A2251283
Price:374,900.00
Type:Residential
Sub Type:Detached
Style:Bungalow
Lot Size:6,050 sq. ft.
Levels:One
Total Sqft:833.34 Sqft.
RestrictionsNone Known
DOM36
INTERIOR SNAPSHOT   
Baths Full:2
Baths Total:2
Bedrooms:3
Rooms Above:4
Flooring:Carpet, Ceramic Tile, Linoleum
Heating:Forced Air, Natural Gas
Basement:Full
Suite:Yes


COMMUNITY DETAILS
Address:3721 46 Street , Red Deer, Alberta T4N 1L5
City:Red Deer
Subdivision:Eastview
County:Red Deer
Province:Alberta
Postal Code:T4N 1L5
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1957
Structure Type:House
Foundation:Block
Frontage:14.63M 48`0"
Roof:Asphalt Shingle
Zoning:R-D
Construction:Stucco, Wood Siding
Parking Total:2
ROOM DIMENSIONS


Community Features: Schools Nearby, Sidewalks, Street Lights
Inclusions: Suite Fridge, Suite Stove, Shed
Lot Features: Landscaped, Wooded
Parking Features: Double Garage Detached, Oversized
Patio And Porch Features: Deck



Courtesy: RE/MAX real estate central alberta


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FAQs about 3721 46 Street , Red Deer,
Alberta, T4N 1L5

3721 46 Street MLS® A2251283 has an approximate size of 833 Sq. Ft. located in Eastview.

Nearby schools include read Schools & resources

There are 3 bedrooms and 2 bathrooms in this Residential listing at 3721 46 Street , MLS® A2251283.

This Residential listings is priced at $374,900.

This property is located at 3721 46 Street , Red Deer, Alberta, T4N 1L5 in the Eastview community on the market for 36 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Eastview community resources page.