$389,000

Residential · MLS® A2258774
3Bedrooms
2Bathrooms
935Sq Ft
2Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 533 23 Street S, a 3-bedroom bungalow in a desirable southside location. This income-generating property features a main floor with a bright living room, a functional kitchen and dining area, two bedrooms including the primary, and a full 4-pc bathroom. The basement is complete with one bedroom, a family room, a second kitchenette, and an additional 3-piece bathroom. Outside, a newly built double detached garage and a spacious backyard provide plenty of room for parking, storage, and outdoor...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area935 sq ft
Lot Size6,123 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$62After mortgage & expenses
Cap Rate4.7%Based on market rents
Cash on Cash Return1.0%With 20% down payment
Est. Monthly Rent$1,786Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

GLENDALE

Moderate Investment
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Investment Score70/100
Avg Home Price$870K
Active Listings7
Listed by BRYAN PEREVERSEFF · Royal Lepage South Country - Lethbridge