Active

DOWNTOWN

320, 100 Richard Street , Fort McMurray, AB

$97,500

Residential · MLS® A2269967
1Bedrooms
1Bathrooms
720Sq Ft
1Garage
2003Year Built
02 / Overview

PROPERTY OVERVIEW

Located downtown, close to amenities, parks, scenic riverfront walking trails, and just a short walk to Macdonald Island Park, this property is a must-see. Needing to downsize, wanting to enjoy your hard-earned money for travel and fun stuff, condo living is the way to go! This unit features laminate floors throughout, one bedroom, a full bathroom, and is located on the third floor, with in-suite laundry. The kitchen is fully equipped with all appliances and features an open layout that...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area720 sq ft
ZoningBOR1
HeatingRadiant
CoolingNone
ParkingStall • Underground
ExteriorNone
Year Built2003
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$264After mortgage & expenses
Cap Rate7.7%Based on market rents
Cash on Cash Return16.2%With 20% down payment
Est. Monthly Rent$1,310Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by AARON CHALMERS · RE/MAX Connect