Active

WASKASOO

4736 56 Street , Red Deer, AB

$649,500

Residential · MLS® A2277272
4Bedrooms
4Bathrooms
2,059Sq Ft
2Garage
1912Year Built
02 / Overview

PROPERTY OVERVIEW

WELCOME TO THE ROUTLEDGE HOUSE—an ICONIC BRICK HERITAGE HOME on one of the MOST HISTORIC STREETS IN RED DEER. Built in 1912, this remarkable residence showcases classic ARTS & CRAFTSMAN architecture, complete with an enclosed front porch and timeless curb appeal.

Extensively renovated from the studs out, the home seamlessly blends historic character with modern sophistication. Major upgrades include electrical, plumbing, drywall, lighting, and premium finishing throughout. OVER $280,000 IN IMPROVEMENTS have been invested to create a truly exceptional living experience.

The...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,059 sq ft
Lot Size6,500 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorPrivate Entrance
BasementFull
Year Built1912
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$216After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.0%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

WASKASOO

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Frank Regehr · Royal LePage Network Realty Corp.