$450,000

Residential · MLS® A2280806
2Bedrooms
3Bathrooms
1,603Sq Ft
2Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

**COME JOIN US AT OUR OPEN HOUSE THIS SATURDAY FEBRUARY 21ST FROM 12-3PM**Welcome to the highly sought after Elements complex in New Brighton! This unit features 1600 of above grade square footage and twice as wide as most townhouses in the area with a true double garage that fits a full-size truck. Spacious open floor concept with modern grey laminate flooring throughout the main floor and large windows flooding the property with natural light. Chef's dream kitchen with rich espresso-stained...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,603 sq ft
ZoningM-1 d75
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingDouble Garage Attached • Garage Door Opener • Heated Garage • Oversized
ExteriorBalcony
BasementNone
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$310After mortgage & expenses
Cap Rate5.3%Based on market rents
Cash on Cash Return4.1%With 20% down payment
Est. Monthly Rent$2,905Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NEW BRIGHTON

Moderate Investment
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Investment Score73/100
Avg Home Price$545K
Active Listings19
Listed by Justin Becker · Real Broker