$555,000

Residential · MLS® A2280913
5Bedrooms
2Bathrooms
980Sq Ft
2Garage
1975Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 5224 5 Avenue SE, a well-maintained bungalow set on a 5,000 sq. ft. lot in the established inner-city community of Forest Heights. This home features hardwood floors + new floor tiles, bright living spaces with large windows, new stainless steel kitchen appliances, and a newer washer and dryer. Major updates include a new roof on both the house and garage, an updated furnace and hot water tank, 100-amp electrical service, and new garage doors and motor for the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area980 sq ft
Lot Size4,994 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached • Garage Faces Rear • Heated Garage • Parking Pad • RV Access/Parking
ExteriorBarbecue • Garden • Private Entrance • Private Yard
BasementFull
Year Built1975
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$494After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.3%With 20% down payment
Est. Monthly Rent$1,965Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FOREST HEIGHTS

Moderate Investment
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Investment Score70/100
Avg Home Price$406K
Active Listings10
Listed by Joshua O'Brien · Real Broker