$310,000

Residential · MLS® A2279097
3Bedrooms
1Bathrooms
895Sq Ft
2Garage
1965Year Built
02 / Overview

PROPERTY OVERVIEW

This 3-bedroom, 1-bathroom detached home is located in Coaldale, set on a 7,000 sq ft lot directly across from a school with green space out front.

Over the years, the home has seen a number of thoughtful updates, including new flooring and a new hot water tank in 2022, along with an updated bathroom. The living room features accent wall painting, adding a bit of character to the space, and newer appliances have been added as well.

A front deck creates a...

03 / Details

PROPERTY DETAILS

Property TypeRESI
Building TypeHouse
Total Finished Area895 sq ft
Lot Size7,000 sq ft
ZoningResidential
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached • Off Street • Parking Pad • RV Access/Parking
ExteriorNONE
BasementPartial
Year Built1965
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$878After mortgage & expenses
Cap Rate9.3%Based on market rents
Cash on Cash Return17.0%With 20% down payment
Est. Monthly Rent$2,800Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
Loading map...
Investment Score53/100
Avg Home Price$692K
Active Listings4638
Listed by SHAUNA GRUNINGER · RE/MAX REAL ESTATE - LETHBRIDGE