$1,478,000

Multi-Family · MLS® A2268282
3,754Sq Ft
9Garage
1975Year Built
02 / Overview

PROPERTY OVERVIEW

Fabulous location, walking distance to Olds College! Well maintained and managed, this property offers 2 - 4 plexes (2 bed, 1 bath units) on one title. Many capital cost expenditures done over the past 20 years: asphalt shingles - 15 years, windows and patio doors - 10 years, approx 6 of the 8 furnaces, hot water tanks as needed, electrical switches and outlets in 7 of the 8 units, decks redone, paint and flooring upgrades between tenancies. Each...

03 / Details

PROPERTY DETAILS

Property TypeMulti-Family
Building TypeFour Plex
Total Finished Area3,754 sq ft
ZoningR3
HeatingForced Air • Natural Gas
ParkingParking Pad • Plug-In
Year Built1975
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$20After mortgage & expenses
Cap Rate4.5%Based on market rents
Cash on Cash Return0.1%With 20% down payment
Est. Monthly Rent$6,570Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Andrea Warkentin · Realty Experts Group Ltd