01 / Property Detail

NONE

215 5 Avenue Se, Three Hills, AB

$199,900

Residential · MLS® A2283626
2Bedrooms
1Bathrooms
882.56Sq Ft
1Garage
1916Year Built
02 / Overview

PROPERTY OVERVIEW

Excellent opportunity to own a BEAUTIFUL CHARACTER home with modern UPDATES on a HUGE 75 x 140 ft lot in Three Hills. Enjoy small-town vibes with all the amenities, while still being close to larger cities. The main floor features a NEW CUSTOM kitchen, eating area, large living room, bedroom, bathroom, and laundry. The loft offers a large, versatile space. The MASSIVE backyard is perfect for relaxing or entertaining. This well-maintained home has seen numerous UPGRADES over the past several...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area882.56 sq ft
Lot Size10,500 sq ft
ZoningR2
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorNone
BasementPartial
Year Built1916
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$758After mortgage & expenses
Cap Rate9.0%Based on market rents
Cash on Cash Return22.8%With 20% down payment
Est. Monthly Rent$1,644Based 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 Sally Krulis · RE/MAX House of Real Estate