Active

SOUTH PATTERSON PLACE

9934 71 Avenue , Grande Prairie, AB

$229,900

Residential · MLS® A2279450
3Bedrooms
2Bathrooms
1,111Sq Ft
3Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Fully developed duplex in Patterson! Perfect starter home or investment property. The main floor offers a nice-sized living space with a functional layout, ideal for everyday living. Upstairs features three comfortable bedrooms and a full bathroom, providing plenty of room for a growing family. The basement adds even more value with a cozy family room, a convenient 2-piece bathroom, and a dedicated laundry area. Outside, you’ll enjoy a fully fenced yard and a covered deck. Close to schools, shopping,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,111 sq ft
Lot Size3,377 sq ft
ZoningRG
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorOther
BasementFull
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$990After mortgage & expenses
Cap Rate9.6%Based on market rents
Cash on Cash Return25.8%With 20% down payment
Est. Monthly Rent$2,094Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTH PATTERSON PLACE

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Investment ScoreN/A
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Listed by Jason Scott · Sutton Group Grande Prairie Professionals