01 / Property Detail

NONE

202, 777 48 Street , Edson, AB

$192,000

Residential · MLS® A2283386
2Bedrooms
2Bathrooms
744Sq Ft
1Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

This immaculate 2-bedroom, 2-bath adult living condo (55 years +) is move-in ready. It comes complete with refrigerator, stove, BI dishwasher, microwave/hoodfan, full-size stackable washer & dryer. All but the microwave/hoodfan are virtually brand new – they were purchased by the Seller and used for approximately one year. As well, there is an air conditioner in the living room installed when the condo was built. Laminate flooring flows throughout the halls, open-concept living area and bedrooms,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area744 sq ft
ZoningR3
HeatingBoiler • Hot Water • Natural Gas • Radiant
CoolingWall/Window Unit(s)
ParkingAssigned • Parkade
ExteriorBalcony • Lighting • Storage
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$210After mortgage & expenses
Cap Rate5.8%Based on market rents
Cash on Cash Return6.6%With 20% down payment
Est. Monthly Rent$1,402Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by DEBBIE WORKUN · COLDWELL BANKER HINTON REAL ESTATE