01 / Property Detail

NONE

101 3 Street S, Picture Butte, AB

$559,900

Residential · MLS® A2275980
6Bedrooms
4Bathrooms
2,346Sq Ft
2Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Large bungalow home on a cul-de-sac in Picture Butte with bonus room above garage and loft in primary bedroom. Home is being sold in "as-is, where-is" condition. Basement features a 2 bedroom legal suite and a 1 bedroom illegal suite. Home features vaulted ceilings with exposed beams. Nice floorplan with large living room, dining room, kitchen, breakfast nook, family room with gas fireplace(not currently working), mud room, 3 bedrooms, and 2 bathrooms on main. Primary bedroom also has laundry...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,346 sq ft
Lot Size9,583 sq ft
ZoningR
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingCentral Air
ParkingAlley Access • Double Garage Attached • Garage Faces Front
ExteriorPrivate Yard
BasementFull
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,925After mortgage & expenses
Cap Rate8.6%Based on market rents
Cash on Cash Return20.6%With 20% down payment
Est. Monthly Rent$4,406Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by SHAWN ORMSTON · REAL BROKER