01 / Property Detail

NONE

228 Centre Street , Magrath, AB

$575,000

Residential · MLS® A2248660
5Bedrooms
3Bathrooms
3,437.3Sq Ft
2Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully updated family home in Magrath, Alberta, where stunning curb appeal and a spacious double attached garage with a large driveway—including RV parking—set the stage for comfortable, practical living! Inside, you’ll be impressed by the extensive renovations, including fresh paint, new vinyl plank flooring, modern baseboards, new windows throughout, and a fully refreshed kitchen featuring brand new stainless steel appliances and a stylish new sink. The main floor offers a warm and welcoming living room complete with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area3,437.3 sq ft
Lot Size22,215 sq ft
ZoningR
HeatingBaseboard • Boiler
CoolingNone
ParkingDouble Garage Attached
ExteriorGarden • Storage
BasementCrawl Space
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$3,717After mortgage & expenses
Cap Rate12.2%Based on market rents
Cash on Cash Return38.8%With 20% down payment
Est. Monthly Rent$6,265Based 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 ANNE FRENCH · Grassroots Realty Group