Active

DOWNTOWN RED DEER

#310, 4820 47 Avenue , Red Deer, AB

$99,900

Residential · MLS® A2279289
1Bedrooms
1Bathrooms
471Sq Ft
1Garage
1977Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to a well-kept one-bedroom, one-bathroom condo with an elevator perfectly positioned in the heart of downtown Red Deer. This central location puts you within walking distance of shopping, dining, medical services, the Golden Circle, the Farmers’ Market, and Red Deer’s extensive trail system. Inside, the unit offers a bright and functional open-concept layout featuring a spacious living room, a galley-style kitchen with ample counter space and modern appliances, a comfortable bedroom, and a full four-piece bathroom. Condo fees include...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area471 sq ft
ZoningC1
HeatingBoiler
CoolingNone
ParkingOff Street
ExteriorNone
Year Built1977
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$21After mortgage & expenses
Cap Rate4.7%Based on market rents
Cash on Cash Return1.3%With 20% down payment
Est. Monthly Rent$874Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN RED DEER

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Shane Opp · 2 Percent Realty Advantage