Cash Flow Positive Income Property! Legally Suited 1/2 Duplex . There is a great legal suite in the basement with a full kitchen and a 12 YEAR OLD GARAGE in the back. Property is rented for $895.00 for main floor plus $850 for basement Tenant's pay all utilities. Property was last renovated 12 years. With some work to the upstairs, it could be rented for $1100/month making the cash flow over $600/month...
Property Type:
Residential
Property Sub Type:
Semi Detached (Half Duplex)
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Legal
Home Style:
Attached-Side by Side, Bungalow
Total Living Area:
956 sq. ft.88.8 m2
Main Level Finished Area:
956 sq. ft.88.8 m2
Below Grade Finished Area:
900 sq. ft.83.6 m2
Lot Area:
4,507 sq. ft.419 m2
Lot Frontage:
31'6"9.6 m
Lot Details:
32' X 141
Front Exposure:
North
Unit Exposure:
North
Entry Level:
1
Levels:
One
End Unit:
1 Common Wall
Total Rooms Above Grade:
6
Year built:
1973
(Age: 52)
Bedrooms:
3
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
748TR
Heating:
Forced Air
Basement:
Separate/Exterior Entry, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Siding
Structure Type:
Duplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
1
Parking Total/Covered:
1 /
-
Laundry Features:
In Unit
Riverside Meadows (Red Deer)
Laundry
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Stove(s), Washer
Data was last updated June 20, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
300
Avg list price:
$431,200
Min list price:
$89,900
Max list price:
$1,689,000
Avg days on market:
23
Min days on market:
1
Max days on market:
403
Avg price per sq.ft.:
$331.84
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.