Situated on the South Hill, just steps from the Red Deer Hospital and close to shopping, restaurants, and groceries. This large 47' x 120' lot is zoned R-M, which permits multi-family development. The cozy 1-bedroom, 1-bathroom home has received updates including newer windows and doors, vinyl plank flooring, updated finishing, an updated kitchen, and a renovated bathroom, plus a rear addition with a boot/storage room. The large yard out back offers space to park multiple vehicles. The property is currently rented for $1,395/mo with the tenant paying all utilities.