Active
SOUTH HILL
702, 4719 33 Street , Red Deer, AB
$139,900
Residential · MLS® A22759333Bedrooms
1Bathrooms
1,104.8Sq Ft
2Garage
1962Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this affordable 3-bedroom, 1-bath townhouse condo nestled in the established South Hill community of Red Deer, a solid investment opportunity or affordable entry into the real estate market. Featuring a well-proportioned layout with a functional living space, this property offers comfortable everyday living and strong rental potential with a tenant willing to stay.
Inside, you’ll find an inviting living room, eat-in kitchen, and three bedrooms, perfect for tenant appeal or owner occupancy. The full bathroom completes the upstairs layout....
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFive Plus
Total Finished Area1,104.8 sq ft
Lot Size499 sq ft
ZoningR-H
HeatingForced Air • Natural Gas
CoolingNone
ParkingParking Pad
ExteriorNone
BasementFull
Year Built1962
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$898After mortgage & expenses
Cap Rate12.2%Based on market rents
Cash on Cash Return38.5%With 20% down payment
Est. Monthly Rent$2,083Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOUTH HILL
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Alex Briones · Real Broker