Active

RENFREW

430 15 Avenue Ne, Calgary, AB

$584,900

Residential · MLS® A2274612
2Bedrooms
1Bathrooms
722Sq Ft
1Garage
1915Year Built
02 / Overview

PROPERTY OVERVIEW

CHECK OUT THE VIRTUAL TOUR! Charming INNER CITY HOLDING PROPERTY WITH TONS OF POTENTIAL. This well-maintained single-family home in the desirable RENFREW community previously generated $2,500 in monthly rent (including utilities), making it appealing to investors seeking cash flow. The property is move-in ready or can be rented as-is, with potential for future development. There is over 1,030 sf of usable space and ample storage! The main floor includes an enclosed, bright front porch with windows; 2 good-sized bedrooms; a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area722 sq ft
Lot Size3,003 sq ft
ZoningM-C2
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Garage Door Opener • Single Garage Attached
ExteriorPrivate Entrance
BasementFull
Year Built1915
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,247After mortgage & expenses
Cap Rate1.9%Based on market rents
Cash on Cash Return-12.8%With 20% down payment
Est. Monthly Rent$1,364Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RENFREW

Moderate Investment
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Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Catrinia Cook · CIR Realty