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$139,900

2+1 Beds

2 Baths

633 FEETSQ

QuickQuoteTM: $127K - $171K

Vermilion AB, T9X 1R7

MLS® # A2236927

Property Information:

Discover a cozy and manageable raised bungalow located on a corner lot, right in the middle of schools, shopping, and other everyday conveniences. This practical property offers a great opportunity whether you’re a first-time buyer, an investor, or simply looking for an affordable home with income potential. The main floor features two bedrooms, a full bathroom, and convenient in-suite laundry, providing everything you need in a straightforward, functional layout. The basement is set up as a bachelor-style unit with its own private entrance, perfect for a tenant or even extended family. It’s a clean and workable space, and was previously rented at $600 per month. The upstairs portion is currently rented at $1,100 per month, giving you a head start on mortgage support. This home will turn you a profit. Whether you decide to live on the main floor with a mortgage helper in the basement or rent out both units, this affordable raised bungalow provides solid income potential in a location that tenants appreciate. If you’ve been looking to get into real estate investment or need a budget-friendly home with options, this property deserves a look!

Inclusions: NA

Building Features:

  • Total Finished Area: 633.00

Property Features:

  • Bedrooms: 2+1
  • Bathrooms: 2+0
  • Architectural Style: Bungalow
  • Built in: 1943
  • Construction Materials: Wood Frame
  • Cooling: None
  • Exterior Features: None
  • Floor Space (approx): 633.00 Square Feet
  • Flooring: Laminate
  • Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Interior Features: See Remarks
  • Levels: One
  • Lot Size: 6000.00 Square Feet
  • Parking Features: None
  • Roof: Asphalt Shingle
  • Zoning: R2 - Residential
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX PRAIRIE REALTY

Data provided by: REALTORS® Association of Lloydminster & District 5009 48 St., Lloydminster, Alberta T9V 0H7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 4624 49 Avenue, Vermilion, AB, T9X 1R7

Demographic Information of 4624 49 Avenue, Vermilion, AB, T9X 1R7

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$100,214.86

Average Number of Children

1.87

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.26 %

High school certificate or equivalent

29.53 %

Apprenticeship trade certificate/diploma

8.88 %

College/non-university certificate

25.47 %

University Degree

9.86 %

Commuter

Travel To Work

By Car

80.81 %

By Public Transit

0.0 %

By Walking

15.08 %

By Bicycle

2.32 %

By Other Methods

1.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.78 %

Houses

83.22 %

Own Vs. Rent