01 / Property Detail

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1 Park Avenue , Carstairs, AB

$63,000

Mobile Home · MLS® A2276251
1Bedrooms
1Bathrooms
494.75Sq Ft
3Garage
1971Year Built
02 / Overview

PROPERTY OVERVIEW

Settle into a simple and more affordable way of living in this charming 1 bedroom, 1 bathroom mobile home on a corner lot (leased lot). The kitchen with center island is open to the dining and living area which is further enhanced by an abundance of windows. You're plants will love it here! A sliding patio door provides convenient access to a sunny south-facing deck (14'x8'), that is perfectly situated to avoid those NW winds. Down the hall is a...

03 / Details

PROPERTY DETAILS

Property TypeMobile
Building TypeManufactured House
Total Finished Area494.75 sq ft
HeatingForced Air
ParkingOff Street
Year Built1971
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$637After mortgage & expenses
Cap Rate16.6%Based on market rents
Cash on Cash Return60.6%With 20% down payment
Est. Monthly Rent$916Based 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 Diandra-Leigh Johnson · Quest Realty