01 / Property Detail

NONE

53416 Range Road 175 , Rural Yellowhead County, AB

$340,000

Residential · MLS® A2248493
4Bedrooms
1Bathrooms
1,200Sq Ft
1985Year Built
02 / Overview

PROPERTY OVERVIEW

Just minutes from Edson, this incredible 4.99-acre acreage offers the perfect blend of convenience and country living. Fully set up for horses, the property is fenced and cross-fenced with a 120x80 outdoor riding arena. The 1985 mobile home with addition provides 4 bedrooms, updated flooring, a newer furnace, newer shingles, and a well pump. Enjoy stunning views of the Rocky Mountains right from your doorstep. With plenty of room to build a garage or shop (subject to Yellowhead County approval),...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area1,200 sq ft
Lot Size217,364 sq ft
ZoningCR
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorOther
BasementNone
Year Built1985
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$793After mortgage & expenses
Cap Rate7.3%Based on market rents
Cash on Cash Return14.0%With 20% down payment
Est. Monthly Rent$2,300Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by LORI GELMICI-HANNI · ROYAL LEPAGE EDSON REAL ESTATE