Active
RIVERSIDE MEADOWS
6014 56 Avenue , Red Deer, AB
$349,000
Residential · MLS® A22802305Bedrooms
2Bathrooms
1,101.16Sq Ft
1Garage
1958Year Built
02 / Overview
PROPERTY OVERVIEW
Recently renovated, legally suited bungalow located on a double lot. 3 bedrooms up with an upgraded 4-piece bath. Spacious kitchen and dining room with plenty of room for more cabinets. The 2017 legalized basement is fully finished with 2bedrooms, a large storage room, separate laundry facilities (not shared), and a 3 piece bath. There is a separate entrance from the back ofthe home, with an enclosed boot room before heading down the stairs. The oversize single garage is dry-walled and...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,101.16 sq ft
Lot Size7,920 sq ft
ZoningR-L
HeatingENERGY STAR Qualified Equipment • Forced Air • Hot Water • Natural Gas
CoolingNone
ParkingOff Street • RV Access/Parking • Single Garage Detached
ExteriorPrivate Yard • Storage
BasementFull
Year Built1958
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$1,523After mortgage & expenses
Cap Rate9.7%Based on market rents
Cash on Cash Return26.2%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
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05 / Location
RIVERSIDE MEADOWS
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Listed by Dean Leischner · CIR Realty