01 / Property Detail

PATTERSON PLACE

8117 94 Street , Grande Prairie, AB

$294,000

Residential · MLS® A2266751
5Bedrooms
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