Active
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22 Poplar Crescent , Springbrook, AB
$172,000
Residential · MLS® A22704962Bedrooms
2Bathrooms
1,053Sq Ft
2Garage
1955Year Built
02 / Overview
PROPERTY OVERVIEW
INVEST in this cozy END UNIT Located in Quiet Springbrook offering a great affordable housing option only minutes from Red Deer! This cozy character home has taken care of over the years and offers two very large bedrooms up with a full bath. The basement is 90% finished offering a rec/playroom for the kids with vinyl plank flooring, under stair storage, a large laundry/bathroom area with dual sinks!. On the main we have original maple hardwood with...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeOther
Total Finished Area1,053 sq ft
ZoningR-3
HeatingHot Water
CoolingNone
ParkingAdditional Parking • Assigned • Stall
ExteriorOther • Rain Gutters
BasementFull
Year Built1955
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$538After mortgage & expenses
Cap Rate8.2%Based on market rents
Cash on Cash Return18.8%With 20% down payment
Est. Monthly Rent$1,943Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Barb McIntyre · RE/MAX real estate central alberta