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DOWNTOWN_STRATHMORE

D, 204 6 Avenue , Strathmore, AB

$249,900

Residential · MLS® A2277006
2Bedrooms
1Bathrooms
818Sq Ft
1Garage
2014Year Built
02 / Overview

PROPERTY OVERVIEW

QUICK POSSESSION AVAILABLE Welcome to this budget-friendly 2-bedroom, 1-bath condo in the heart of downtown Strathmore.

This open-concept unit is perfect for first-time home buyers, those looking to downsize, or investors seeking a low-maintenance property with a LOW CONDO FEE

The home features a brand NEW convection/air-fryer stove , FRESH PAINT, acid-washed concrete floors with in-floor heating, on-demand hot water, with a functional layout and IN-SUITE LAUNDRY. Enjoy a nicely sized covered patio, one off-street parking stall with plug-in, and plenty of...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys2
Total Finished Area818 sq ft
ZoningR3
HeatingBoiler • In Floor
CoolingNone
ParkingOff Street • Plug-In • Stall
ExteriorNone
Year Built2014
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$177After mortgage & expenses
Cap Rate5.3%Based on market rents
Cash on Cash Return4.3%With 20% down payment
Est. Monthly Rent$1,532Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN_STRATHMORE

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Investment ScoreN/A
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Listed by Tammy Lambert · CIR Realty