01 / Property Detail
SUNALTA
1522 11 Avenue Sw, Calgary, AB
$460,000
Residential ยท MLSยฎ A22717633Bedrooms
1Bathrooms
1,344Sq Ft
2Garage
1907Year Built
02 / Overview
PROPERTY OVERVIEW
Vintage two storey 1344 sq.ft. rental property with livingroom, diningroom, kitchen, three bedrooms, 4 peice bathroom, basement, front porch, balcony, lots of offstreet parking, future development site, vacant for immediate possession. Market rent $1250 per month plus utilities. Note: there is water damage due to broken water pipes, the Seller estimates $20,000 needed to remediate the damage. Seller prefers to sell "as is"... price reduced.
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,344 sq ft
Lot Size3,250 sq ft
ZoningM-H1
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorBalcony
BasementPartial
Year Built1907
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$464After mortgage & expenses
Cap Rate5.7%Based on market rents
Cash on Cash Return6.0%With 20% down payment
Est. Monthly Rent$2,502Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SUNALTA
Moderate InvestmentLoading map...
Investment Score62/100
Avg Home Price$369K
Active Listings21
Listed by Charles Russell ยท Houston Realty.ca