01 / Property Detail
PATTERSON PLACE
8117 94 Street , Grande Prairie, AB
$294,000
Residential · MLS® A22667515Bedrooms
2Bathrooms
958Sq Ft
3Garage
1980Year Built
02 / Overview
PROPERTY OVERVIEW
Whether you are looking to enter into home ownership at an affordable price, or add another duplex to your growing rental portfolio this duplex will be sure to please. Situated on quiet street in Patterson subdivision with fenced yard and no rear neighbors. Heading on inside you will appreciate the extensive professional updates completed recently. Main floor consists of decent size living room, generous sized dining, and kitchen with adequate counter + cabinet space and must have pantry. Remainder of...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area958 sq ft
Lot Size3,629 sq ft
ZoningRG
HeatingForced Air • Natural Gas
CoolingNone
ParkingParking Pad
ExteriorOther
BasementFull
Year Built1980
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$624After mortgage & expenses
Cap Rate7.0%Based on market rents
Cash on Cash Return12.7%With 20% down payment
Est. Monthly Rent$1,927Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
PATTERSON PLACE
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Casey Boyne · RE/MAX Grande Prairie