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ROSEDALE ESTATES

52 Roland , Red Deer, AB

$330,000

Residential ยท MLSยฎ A2279725
3Bedrooms
2Bathrooms
924Sq Ft
1Garage
1986Year Built
02 / Overview

PROPERTY OVERVIEW

This home which has 3 bedrooms on the main floor has seen much living. It is anxiously awaiting the next owner to upgrade it and capitalize on this great location. Can easily be be 4 bedrooms, and it has 2 bathrooms. 2 Sheds with one shed an excellent shop. First time home owners looking for sweat equity, this is it.

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area924 sq ft
Lot Size3,717 sq ft
ZoningR-D
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorOther
BasementFull
Year Built1986
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$244After mortgage & expenses
Cap Rate5.3%Based on market rents
Cash on Cash Return4.4%With 20% down payment
Est. Monthly Rent$1,767Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ROSEDALE ESTATES

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Listed by Kevin Schropfer ยท RE/MAX real estate central alberta