33 Wells Street , Red Deer

$350,000

5 Beds
2 Baths
1,000 Sqft
.08 Acres
0 Garages

Very well-maintained half duplex in sought-after West Park on Red Deer’s southwest side—close to the college, hospital, parks, and amenities, with transit just a short walk away. Offering 5 bedrooms and 2 bathrooms, this home is ideal for families, first-time buyers, or investors looking to offset their mortgage with rental income.

The layout allows for easy separation of the lower level or full-property rental, providing excellent flexibility. With a proven history of individual room rent of approximately $3,475/month in revenue and 95–100% occupancy over the past 12 years for lower level and 1 year for upper level (including summer months), this is a smart investment opportunity.

This home features no carpet throughout, making it both stylish and low-maintenance. Recent upgrades include SOLAR PANELS (generating approximately $1,000/year), an upgraded electrical panel, A/C, UV & HEPA filtration system, newer appliances, vinyl windows, and shingles approximately 8 years old.

Enjoy the added convenience of a concrete driveway plus additional rear parking, along with higher-end finished feature walls that elevate the overall look and feel of the home.

A turnkey property offering comfort, income potential, and long-term value in a prime location.

Essential Information
MLS® #A2296533
Price$350,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,000
Acres0.08
Year Built1975
TypeResidential
Sub-TypeSemi Detached (Half Duplex)
StatusActive
Style

Attached-Side by Side, Bungalow

Community Information
Address33 Wells Street
SubdivisionWest Park
CityRed Deer
CountyRed Deer
ProvinceAlberta
Postal CodeT4N 5Y2
Amenities
Parking Spaces4
Parking

Additional Parking, Alley Access, Concrete Driveway, Driveway, Off Street, On Street

Interior
HeatingForced Air
CoolingCentral Air
Has BasementYes
BasementFull
Interior Features

Recessed Lighting, Separate Entrance, Sump Pump(s), Vinyl Windows, Wet Bar

Appliances

Central Air Conditioner, Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings

Exterior
Exterior FeaturesPrivate Yard, Storage
RoofAsphalt Shingle
ConstructionBrick, Stucco, Vinyl Siding
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Backs on to Park/Green Space, City Lot, Front Yard, Lawn, Level, Private, Rectangular Lot

Additional Information
ZoningR-D
Office

Royal LePage Network Realty Corp.

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