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102 Railway Avenue E, Carseland, AB

$459,000

Residential · MLS® A2276782
4Bedrooms
2Bathrooms
2,186.88Sq Ft
1Garage
1905Year Built
02 / Overview

PROPERTY OVERVIEW

Step into this remarkable **1905 character home**, where timeless charm meets thoughtful modern updates in one of Carseland’s most walkable and convenient locations. Just steps from the school, community center, ball diamond, restaurant, and grocery store, this property offers a rare blend of small-town ease and everyday accessibility.

Rich in history, the building has lived many lives from a trading post bunkhouse to a gas-selling hardware store, and most recently a thrift shop with living space above adding a truly unique...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,186.88 sq ft
Lot Size5,750 sq ft
ZoningHMU
HeatingCentral • Natural Gas
CoolingNone
ParkingParking Pad • Single Garage Attached
ExteriorBalcony • Garden • Private Entrance • Private Yard
BasementCrawl Space
Year Built1905
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,830After mortgage & expenses
Cap Rate9.3%Based on market rents
Cash on Cash Return23.9%With 20% down payment
Est. Monthly Rent$4,027Based 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 PriceN/A
Active ListingsN/A
Listed by Alyssa Bennett · Coldwell Banker Mountain Central