5527 49a Avenue, Red Deer

$388,700

5 Beds
3 Baths
1,845 Sqft
¼ Acres
0 Garages

INVESTOR ALERT – Unique Character Home with Revenue Potential on Treed Character Street! and Wonderful neighbours!
This Charming Income Property offers both excellent rental revenue and timeless character, with options to Occupy it yourself and rent out the rest! or just have it all to yourself!! nestled in a tree-lined lot. Set on a massive, mature lot siding onto the river, this 5-bedroom home is a rare opportunity. With a flexible layout ideal for extended families or tenants, the home features, 2 bedrooms upstairs, 2 on the main floor, and 1 downstairs, each level with self-contained potential. Original features include hardwood floors, rich wood trim, solid wood doors, antique filigreed doorknobs, and two beautiful (non-functioning) fireplaces. A glass-enclosed veranda, wrought iron-detailed Duradeck balcony, and a two-tiered deck offers serene outdoor living shaded by towering trees. Enjoy stunning wild life right out your front door. Kept as original as possible, this home is perfect for character home lovers or savvy investors. Updates include shingles (2013) and hot water tank (2015). Utilities average $579/month serviced regularly, House will be sold in the condition that it is. Older RPR available dated July 8 1991. Main floor and lower level currently unoccupied, upstairs tentant is month to month and would like to stay.

Essential Information
MLS® #A2234936
Price$388,700
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage1,845
Acres0.25
Year Built1912
TypeResidential
Sub-TypeDetached
Style1 and Half Storey
StatusActive
Community Information
Address5527 49a Avenue
SubdivisionDowntown Red Deer
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 3X6
Amenities
Parking Spaces3
WaterfrontRiver Access
Parking

Off Street, Parking Pad, Gravel Driveway, Side By Side

Interior
HeatingBoiler
CoolingNone
Has BasementYes
BasementFinished, Full
FireplaceYes
# of Fireplaces2
FireplacesGas
Interior Features

Ceiling Fan(s), See Remarks, Separate Entrance

Appliances

Dishwasher, Microwave, Refrigerator, Stove(s), Window Coverings

Exterior
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Exterior Features

Balcony, Private Entrance, Private Yard

Lot Description

Back Yard, Creek/River/Stream/Pond, Cul-De-Sac, Front Yard, Landscaped, No Neighbours Behind, Street Lighting, Treed, Brush, Irregular Lot, Many Trees, Wooded

Additional Information
ZoningDC(15)
Office

RE/MAX real estate central alberta

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