102 Railway Avenue E
Carseland, Alberta T0J0M0

4 beds · 2 baths · 2187 sqft

Step into a unique investment opportunity with this character home, built in 1905, offering both historic charm and modern amenities. Situated in a prime location within walking distance to a school, community centre, ball diamond, restaurant, and grocery store, this property is ideal for tenants, ensuring steady rental demand.This versatile property features a separate entrance leading to the second floor, which includes its own kitchen, laundry, and four bedrooms—perfect for generating additional rental income. Whether you're looking to house long-term tenants or explore the lucrative short-term rental market, this property provides a solid foundation for both.With a thoughtfully designed main kitchen that connects seamlessly to the dining area and living room, this home ensures a comfortable living experience for tenants or owners alike. The main floor also offers an office/studio space, ideal for remote work, adding to its appeal in today's rental market.The upper level, with its vaulted ceilings and abundant natural light, feels open and inviting. The rooftop patio adds a desirable outdoor space, while the spacious bedrooms and well-appointed bathroom cater to modern living standards. The inclusion of a second laundry room on this level enhances privacy and convenience, making it ideal for a separate rental unit.The property includes a private north-facing backyard with a garden and gazebo, offering tenants or owners a tranquil outdoor space. An attached single garage and shed provide ample storage, further increasing the property's functionality.For investors, the opportunity to further customize this space or explore conversion options opens up additional revenue streams. With large windows throughout, the home enjoys plenty of natural light, enhancing its appeal and livability.Don't miss the chance to add this income-generating property to your portfolio. Contact us today to schedule a showing and explore the investment potential of this one-of-a-kind character home! (id:39198)

Facts & Features

Building Type House, Detached

Year built 1905

Square Footage 2187 sqft

Stories 2

Bedrooms 4

Bathrooms 2

Parking 4

Neighbourhood

Land size 5750 sqft|4,051 - 7,250 sqft

Heating type Forced air

Basement type

Parking Type

Time on REALTOR.ca13 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Coldwell Banker Mountain Central

Powered by: REALTOR.ca

Home price

$489,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$4,448 / month

Rent $3,934

Savings $515

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$3,920 / month

Rent $3,813

Savings $107

Initial deposit 5%

Savings target Fixed at 5%

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