33 Wells Street | Red Deer, Alberta, T4N5Y2

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. (id:59084)

Property Details

Full Address:
33 Wells Street, Red Deer, Alberta
Price:
$ 350,000
MLS Number:
A2296533
List Date:
March 27th, 2026
Neighbourhood:
West Park
Lot Size:
3520 sq.ft.
Year Built:
1975
Taxes:
$ 2,462
Listing Tax Year:
2025

Interior Features

Bedrooms:
5
Bathrooms:
2
Appliances:
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring:
Ceramic Tile, Vinyl, Vinyl Plank
Air Conditioning:
Central air conditioning
Heating:
Forced air
Basement:
Finished, Full, Separate entrance, Suite

Building Features

Architectural Style:
Bungalow
Storeys:
1
Foundation:
Poured Concrete
Exterior:
Brick, Stucco, Vinyl siding
Garage:
Other, Street, Concrete
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 2,462

Floors

Finished Area:
1000 sq.ft.
Main Floor:
1000 sq.ft.

Land

Lot Size:
3520 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Location

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