$325,000

Residential · MLS® A2268380
4Bedrooms
2Bathrooms
1,453.78Sq Ft
2Garage
1953Year Built
02 / Overview

PROPERTY OVERVIEW

Unique property with several different options available. Full side by side duplex on 1 title. Each side is a 2 bedroom 1 bathroom.

Subdivision Potential: Possibility to subdivide lot to build a single- family home or another duplex.

Flexible Living and Investment Options: Rent both units for maximum income. Live in one unit and rent the other. Long term tenant in west unit wishes to stay.

Upgrades and condition: East unit features a newly renovated kitchen....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,453.78 sq ft
Lot Size9,583 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingWall/Window Unit(s)
ParkingDouble Garage Detached • Off Street
ExteriorPrivate Yard
BasementCrawl Space
Year Built1953
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,304After mortgage & expenses
Cap Rate9.3%Based on market rents
Cash on Cash Return24.1%With 20% down payment
Est. Monthly Rent$2,744Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CENTRAL PONOKA

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Investment ScoreN/A
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Active ListingsN/A

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Listed by Michael Gouchie · Royal LePage Lifestyles Realty