Active

LOWER WEST PEACE

11312 91 Street , Peace River, AB

$199,000

Residential · MLS® A2249212
3Bedrooms
2Bathrooms
1,316Sq Ft
2Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

Ready and waiting for you to move into...or ready and waiting for the Investor to take on the current tenants. The layout is full of character and unique features. The comfortably sized entry is welcoming and open. Main floor offers a generous kitchen with island, 2 pc bathroom and a spacious living/family space looking onto the scenic, one-of-a-kind back yard. Also on this level is a bonus room/sunroom opening to the top balcony. Downstairs has...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,316 sq ft
Lot Size3,869 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingNone
ParkingDriveway • Gravel Driveway • Parking Pad
ExteriorPrivate Entrance • Private Yard
BasementNone
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,465After mortgage & expenses
Cap Rate13.3%Based on market rents
Cash on Cash Return44.2%With 20% down payment
Est. Monthly Rent$2,453Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LOWER WEST PEACE

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Listed by Marilyn Thiessen · Royal LePage Valley Realty