$325,000
Multi-Family · MLS® A22691381,453.78Sq 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. East unit is available immediately.
Upgrades and condition: East unit features...
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeDuplex
Total Finished Area1,453.78 sq ft
ZoningR2
HeatingForced Air • Natural Gas
CoolingWall/Window Unit(s)
ParkingDouble Garage Detached
BasementCrawl Space
Year Built1953
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,104After mortgage & expenses
Cap Rate8.5%Based on market rents
Cash on Cash Return20.4%With 20% down payment
Est. Monthly Rent$2,544Based 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
Avg Home PriceN/A
Active ListingsN/A
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Listed by Michael Gouchie · Royal LePage Lifestyles Realty