01 / Property Detail
MIDLAND
1506 1 Avenue Nw, Drumheller, AB
$389,000
Residential · MLS® A22535545Bedrooms
2Bathrooms
1,048Sq Ft
0Garage
1974Year Built
02 / Overview
PROPERTY OVERVIEW
Location, location, location !!!. This 5 bedroom Bi-Level located in lower Midland (out of the flood zone), is move in ready and has loads of potential. Some major upgrades have recently been completed which include exterior paint, painted kitchen cupboards and new hardware, new paint and baseboards/trim on the main floor, luxury vinyl plank flooring throughout the upstairs and new tub surround. All plumbing and Electrical has also been upgraded. This home offers some breathtaking...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,048 sq ft
Lot Size9,450 sq ft
ZoningND
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingOff Street • Parking Pad
ExteriorPrivate Entrance
BasementFull
Year Built1974
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$360After mortgage & expenses
Cap Rate5.6%Based on market rents
Cash on Cash Return5.6%With 20% down payment
Est. Monthly Rent$2,084Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
MIDLAND
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Sherry Hummel · RE/MAX Now