Larsen Grove, Lloydminster · MLS® A2351527
634
1,238 sq ft · 6,027 sq ft lot · House · Single Family · built 2014 · 10 days on market
listed by Wade Graham, RE/MAX OF LLOYDMINSTER
Looking for a home that can help pay for itself? This six-bedroom property at 3701 41 Avenue offers a great opportunity for homeowners and investors alike, featuring a **rare legal three-bedroom basement suite**. The seller reports generating between $2,000 and $3,500 per month in rental income through Airbnb.The basement suite has its own separate entrance on the south side of the home and is thoughtfully finished with a spacious kitchen, comfortable living area, three good-sized bedrooms and a three-piece bathroom. **The suite comes fully furnished**, making it an attractive option for short-term rentals.Upstairs, you'll find another three bedrooms, a spacious living room and a primary bedroom complete with a walk-in closet and ensuite. The upper level has been occupied by a long-term tenant who is scheduled to vacate at the end of October, providing an opportunity for a new owner to move in or explore additional rental income.Outside, the nicely maintained yard features an attractive rock retaining wall, a three-zone underground sprinkler system and no rear neighbours, offering some welcome backyard privacy.Whether you're looking to live upstairs while generating income from the basement or add a property with two separate living spaces to your investment portfolio, this home offers plenty of flexibility. A rare legal suite with an established short-term rental history is a valuable feature, and one that makes this property worth a closer look.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
Walkability 3/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.