$599,900
MFAM · MLS® A22781841,896Sq Ft
4Garage
1977Year Built
02 / Overview
PROPERTY OVERVIEW
Fantastic 4 Plex in the heart of Innisfail. Fully tenanted with wonderful tenants (2 long term). All units have been updated in some capacity and all feature upgraded furnaces. All units have 2 bedrooms on the lower level and a 4pc bathroom. Upstairs is where you will find laundry facilities, the living rooms and kitchens. All tenants on month to month lease agreements. No current pet restrictions or fees in place. Newer commercial development close by making this a great...
03 / Details
PROPERTY DETAILS
Property TypeMFAM
Building TypeFour Plex
Total Finished Area1,896 sq ft
ZoningR3
Parking4 Car Garage
Basement{}
Year Built1977
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,570After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-15.7%With 20% down payment
Est. Monthly Rent$2,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CENTRAL INNISFAIL
Loading map...
Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By