$895,000

Residential · MLS® A2271071
5Bedrooms
4Bathrooms
1,238.43Sq Ft
2Garage
1971Year Built
02 / Overview

PROPERTY OVERVIEW

BIG PRICE REDUCTION!!! BACK ON MARKET! OPPORTUNITIES LIKE THIS RARELY COME A SECOND TIME! LOOK NO FURTHER, NOTHING LIKE THIS HAS EVER BEEN DONE IN THIS AREA!!! GET THE MOST VALUE FOR THE PRICE!!! This is not just a renovation, it’s a total transformation, in the heart of Canyon Meadows SW! This is a rare opportunity to own a 5 bed, 4 bath bungalow with a LEGAL suite, and about 2400 sqft of total living space, perfect for multi-generational living...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,238.43 sq ft
Lot Size4,994 sq ft
ZoningR-CG
HeatingHigh Efficiency • Fireplace(s) • See Remarks • Space Heater
CoolingNone
ParkingAdditional Parking • Double Garage Detached • Garage Door Opener • Heated Garage • Off Street • On Street • Oversized
ExteriorLighting • Private Entrance • Private Yard
BasementFull
Year Built1971
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,549After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.4%With 20% down payment
Est. Monthly Rent$2,417Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CANYON MEADOWS

Moderate Investment
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Investment Score74/100
Avg Home Price$483K
Active Listings18
Listed by Malik Kaddoura · First Place Realty