01 / Property Detail

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2111 19 Street , Nanton, AB

$239,000

Residential · MLS® A2273487
3Bedrooms
1Bathrooms
1,331Sq Ft
1Garage
1920Year Built
02 / Overview

PROPERTY OVERVIEW

2111-19 St, Nanton - requires 20% down! Mixed use DOWNTOWN DISTRICT

This 1,331 sq ft character house from 1920 could be yours before spring. Three bedrooms, one bath and the kind of woodwork and details they stopped building decades ago. But here's where it gets interesting: it sits on a M-DWT land use on a commercial street but currently only used as residential dwelling! Unlimited potential.

Updated insulation on upper level means you'll stay warm through those January cold snaps, and the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,331 sq ft
Lot Size3,828 sq ft
ZoningM-DWT
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Single Garage Detached
ExteriorDog Run
BasementPartial
Year Built1920
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,420After mortgage & expenses
Cap Rate11.6%Based on market rents
Cash on Cash Return35.6%With 20% down payment
Est. Monthly Rent$2,479Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by Timothy Polanik · Greater Calgary Real Estate