Charming little bungalow located in the sought-after community of Ritchie. This property presents excellent potential for redevelopment or serves as a handyman special, making it an ideal investment home for rental or personal living. The main level features 2 bedrooms and a 4 piece bathroom on the main, while the finished basement provides additional living space with 2 bedrooms & 3 piece bath. Set on a generous lot (405 sqm), it currently has long-term tenants paying $1995 on a month-to-month basis. The location is fantastic, within walking distance to Whyte Ave, 99 St, public transit, and the vibrant Ritchie market, along with bike lanes and convenient access to the University of Alberta and downtown.